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This paper examines the growth effects of an increase of capital income taxes with additional revenue being devoted to cut wage-related social security contributions to reduce unemployment. The analysis is carried out in an overlapping generations model with endogenous growth, unemployment and a...
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The paper mainly focuses on the link between carbon emission and sources of economic development such as investment, saving, income distribution and labor market fluctuations. By employing the Structural vector autoregressive (SVAR) approach, the paper investigates that if there is a...
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