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The COVID-19 pandemic has inflicted an economic hardship unprecedented for the modern age. In this paper, we show that the health crisis and ensuing Great Lockdown, came with an unseen level of economic uncertainty. First, using a European dataset on country-level and regional internet searches,...
Persistent link: https://www.econbiz.de/10012291212
demand shocks lower wages, employment and increase unemployment under equilibrium conditions. Furthermore, the results show … market although the return to pre-shock employment level depends on a number of factors related to the subsidy (such as …
Persistent link: https://www.econbiz.de/10012593843
lower distortionary effects on growth and employment. These arguments have often been cited to support policy … progressive tax system with positive, albeit negligible, macroeconomic and employment impact. The magnitude of these effects …
Persistent link: https://www.econbiz.de/10011982132
Minimum income schemes are set to provide citizens with a minimum living standard. In Spain, these schemes consist of a …
Persistent link: https://www.econbiz.de/10012241667
payments between native and migrant household in France, Germany and Spain. The question is of interest both from a … households in France and in Spain, while no significant gap is observed in Germany. Our results also confirm the existing …
Persistent link: https://www.econbiz.de/10012301933
During the last decade, research on income inequality has paid special attention to top income earners. At the same time, top marginal tax rates on upper income earners have declined sharply in many OECD countries. Discussions are still open on the relationship between the increase of the income...
Persistent link: https://www.econbiz.de/10011981967
Families with children receive support from the tax-benefit system to a different extent across countries. In Spain … families with children in Spain. We distinguish between three different forms of income support: (1) benefits aimed to ease the … families with children in Spain is low and mainly concentrated on tax reliefs, which are regressive in absolute terms …
Persistent link: https://www.econbiz.de/10012593863