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Strong macroeconomic foundations have so far largely shielded the Netherlands from recent financial turbulence. Despite a tightening labor market, inflation remains subdued. Employment has grown 1¼–1½ percent in 2007, on par with the rest of the Euro area. The external current...
Persistent link: https://www.econbiz.de/10011244374
unemployment. The economy has entered its second year of near zero growth. To help restore competitiveness and improve financial … market conditions, decisive actions have been taken. Important decisions in 2012 include pension schemes and unemployment …
Persistent link: https://www.econbiz.de/10011242474
various tax rates lead to lower budget deficits in the long run, as a result of an expanding tax base and lower unemployment …
Persistent link: https://www.econbiz.de/10014401626
This background paper describes five different tools that can be used for the assessment of tax incentives by … framework for assessment. Evaluations of the various costs and benefits of tax incentives are vital for informed decision making … light on the implications of tax parameters - including targeted tax incentives - on investment returns and help understand …
Persistent link: https://www.econbiz.de/10012644783
The paper emphasizes the role of institutions and incentives in the presence of externalities. An economy with multiple … effective institutions exist for overcoming coordination failure. External financing may weaken incentives for adjustment over … that strengthen incentives to provide effort. Uncertainty regarding future taxes reduces present effort and the …
Persistent link: https://www.econbiz.de/10014396155
The purpose of this paper is to analyze the argument that debt relief would increase the incentive of a debtor country to make an adjustment effort (to invest) and that for this reason creditors may benefit by granting relief. It is shown that there are actually opposing incentive effects of...
Persistent link: https://www.econbiz.de/10014396170
the limitation of current unemployment and disability benefit schemes. The paper identifies possible strategies to … using in-work benefit systems to create incentives to work at the low-skilled end of the labor market. …
Persistent link: https://www.econbiz.de/10011244764
The three-point VAT increase is part of a package in which unemployment payroll taxes will be reduced. Risks to the …
Persistent link: https://www.econbiz.de/10011244866
The paper discusses the flexicurity model, its key policy elements, and association with a low unemployment rate and a … high standard of social security for the unemployed. It provides details of an empirical analysis of unemployment …
Persistent link: https://www.econbiz.de/10011245015
Estonia has succeeded in reducing its macroeconomic imbalances and vulnerabilities, but faces the challenge of preserving its hard-earned fiscal and financial stability and enhancing long-term growth prospects. In this regard, adopting a fully fledged medium-term fiscal framework can help assess...
Persistent link: https://www.econbiz.de/10011245026