Alho, Kari O.E.; Nikula, Nuutti - Elinkeinoelämän Tutkimuslaitos (ETLA) - 2006
employment, and on the impact of taxes in this connection. First, a theoretical model is built for an open economy leading to the … short-run negative impulse on employment from a positive productivity shock, while this becomes smaller and statistically … than on aggregate employment. However, if we separate the effects of labour taxes and corporate taxes, the former have in …