Exploiting official historical records of the German Bundestag and Bundesrat, the Federal
Ministry of Labour and Social Affairs and the German statutory pension insurance scheme …

A narrative dataset of legislative social security shocks is constructed for Germany. The
dataset covers major legal changes in benefits and contributions from 1970 to 2018. We …

The Great Recession of the late 2000s had a significant, but fortunately only temporary,
impact on the German labour market and economy as a whole. By the last quarter of 2010 …

This paper presents a historical account of legislated tax changes in the Federal Republic of
Germany from 1964 to 2010, thus establishing a database appropriate for the …

The'starving the beast'hypothesis claims that tax cuts lead to lower public spending, rather
than higher debt levels and higher taxes in the future. This paper uses the institutional …

The financial and economic crisis has drawn attention again on the question how sensitive
the German public pension system (Gesetzliche Rentenversicherung) reacts to cyclical …

Using the bottom-up approach of Romer and Romer (2010), we construct a narrative dataset
of net-revenue shocks for Germany by extending the tax shock series of Hayo and Uhl …

This paper estimates the aggregate effect of government income transfer shocks for a
sample of EU countries. The new measure of transfer shocks builds on a dataset by public …

We study state-dependent effects of narratively identified tax shocks in Germany and the UK
over the period 1974Q1–2018Q4 using local projections. In addition, we distinguish …

We construct a comprehensive public sector balance sheet for Finland from 2000 to 2016 by
complementing general government statistics with data on public corporations and public …