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We extend the benchmark model of Aghion and Blanchard (1994) assuming two segments of the emerging private sector that differ in workers' productivity. We look at the paths of employment, wages, taxes, labor costs and profits during and after the transition, up until the shock is fully absorbed....
Persistent link: https://www.econbiz.de/10010494671
We extend the benchmark model of Aghion and Blanchard (1994) assuming two segments of the emerging private sector that differ in workers’ productivity. We look at the paths of employment, wages, taxes, labor costs and profits during and after the transition, up until the shock is fully...
Persistent link: https://www.econbiz.de/10003435315
support go to persons at the bottom of income ladder, although those in deep poverty are benefiting less. The income … the income distribution resulting in a higher poverty rate, and that redistributing these benefits in favour of the … members of the original bottom or the two bottom deciles would ameliorate their income position and reduce the rate of poverty …
Persistent link: https://www.econbiz.de/10010494681
support go to persons at the bottom of income ladder, although those in deep poverty are benefiting less. The income … the income distribution resulting in a higher poverty rate, and that redistributing these benefits in favour of the … members of the original bottom or the two bottom deciles would ameliorate their income position and reduce the rate of poverty …
Persistent link: https://www.econbiz.de/10003719279
The study examines the income redistribution effects of the Hungarian flat-tax and the introduction of the novel family allowance scheme on the basis of administrative data for 2007, 2011 and 2020, which yields more accurate estimates than previous studies based on aggregated or survey data....
Persistent link: https://www.econbiz.de/10014468485
It is a highly disputed question in the literature how state subsidy influences the behavior of the entrepreneurs and accordingly the growth prospects of the economy. Most authors agree that state intervention in financing deteriorates the incentives of the entrepreneur, but there is no...
Persistent link: https://www.econbiz.de/10010494606
In this paper we investigate the relationship between sustainability and economic growth starting from Stern (2006) which is the first comprehensive analysis of the global warming from economic point of view. We also discuss the critical debate of this study which was focused mainly on the...
Persistent link: https://www.econbiz.de/10010494609
The Hungarian Personal Income Tax system is being transformed between 209 and 2013. Tax brackets and the previously existing tax credit is being abolished and this changes the net/gross income ratios in all income categories. This does not only lead to a significant loss in government's income,...
Persistent link: https://www.econbiz.de/10010494715
The Hungarian Personal Income Tax system is being transformed between 209 and 2013. Tax brackets and the previously existing tax credit is being abolished and this changes the net/gross income ratios in all income categories. This does not only lead to a significant loss in government's income,...
Persistent link: https://www.econbiz.de/10009301400
It is a highly disputed question in the literature how state subsidy influences the behavior of the entrepreneurs and accordingly the growth prospects of the economy. Most authors agree that state intervention in financing deteriorates the incentives of the entrepreneur, but there is no...
Persistent link: https://www.econbiz.de/10010429128