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This paper analyses the relations between the banking system fluctuations, on one hand, and taxation and public spending, on the other one, using a VECM methodology. We find some evidence of prociclicality of fiscal policy using variables such as government spending, taxes, and primary surplus....
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Italy has the lowest labor supply of married women among EU countries. Moreover, the participation rate of married … tax system: a high tax rate together with tax credits and transfers raise the burden of two-earner households, generating …-neutral tax systems on labor supply. We find that working tax credit and gender-based taxation boost it, with the effects of the …
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