Great Recession, we estimate that the payroll tax cuts had limited effects on employment and balance-sheet outcomes of firms … by the previously enacted payroll tax cuts in treated firms. These employment effects are exacerbated for men and low …This paper estimates the effect of payroll tax cuts on firm-level employment and balance-sheet outcomes during economic …

Great Recession, we estimate that the payroll tax cuts had limited effects on employment and balance-sheet outcomes of firms … by the previously enacted payroll tax cuts in treated firms. These employment effects are exacerbated for men and low …This paper estimates the effect of payroll tax cuts on firm-level employment and balance-sheet outcomes during economic …

business growth, without crowding out male employment. By contrast, the tax cut does not raise net wages, suggesting that tax … that the payroll tax cut generates long-lasting growth in female employment, reduces the time spent on welfare, and spurs … incidence is mostly on firms. A cost-benefit analysis implies that the net cost of the policy is nearly half of the budgetary …

) relative to their international peers. Matching on the propensity score, we compare pairs of similar US and European firms …

, and (iii) employment protection – shape fiscal multipliers and output volatility. Our theoretical model highlights that … emanate from employment protection, followed by union density. While some labor market institutions mitigate the …

inflation from its trend, implying that the more demand-driven a recession, the higher the multiplier. Median multipliers range …

This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model … with endogenous job search effort and vacancy posting, multiple employment levels, a progressive tax-transfer system, and … worker and firm heterogeneity. I find that minimum wages up to 70% of the median wage significantly increase productivity …

Firms without paid employees account for up to 80% of all firms, but only a small minority ever hires. This paper …