Curatola, Giuliano; Donadelli, Michael; Gioffré, Alessandro - Research Center SAFE (Sustainable Architecture for … - 2014
This paper contributes to the ongoing debate on the relationship between austerity measures and economic growth. We … means of a combination of labor taxes and R&D taxes. We find that austerity measures that rely on reducing resources … implementing austerity measures based on higher taxes and/or lower investments in the R&D sector. This casts some doubts on the …