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By focusing on the Italian experience, we ask whether the relationship between labour taxes and unemployment varies … stronger in the highly industrialised North than in the underdeveloped South, where unemployment is much higher. An important … source of variation in the regional responsiveness of unemployment originates from the fact that regional gross wages in the …
Persistent link: https://www.econbiz.de/10014134450
By focusing on the Italian experience, we ask whether the relationship between labor taxes and unemployment varies … stronger in the highly industrialized North than in the under-developed South, where unemployment is much higher. An important … source of variation in the regional responsiveness of unemployment originates from the fact that regional gross wages in the …
Persistent link: https://www.econbiz.de/10011397928
The present study provides estimates of the Effective Marginal Tax Rates (EMTRs) for a sample of 17 OECD countries and 11 manufacturing sectors in a single framework encompassing capital, labour and energy taxes. Our cross-country/cross-sector approach allows us comparing the incentives provided...
Persistent link: https://www.econbiz.de/10010418228
The present study provides estimates of the Effective Marginal Tax Rates (EMTRs) for a sample of 17 OECD countries and 11 manufacturing sectors in a single framework encompassing capital, labour and energy taxes. Our cross-country/cross-sector approach allows us comparing the incentives provided...
Persistent link: https://www.econbiz.de/10013044657
Persistent link: https://www.econbiz.de/10012660810
We quantify the fiscal multipliers in response to the American Recovery and Reinvestment Act (ARRA) of 2009. We extend the benchmark Smets-Wouters (2007) New Keynesian model, allowing for credit-constrained households, the zero lower bound, government capital and distortionary taxation. The...
Persistent link: https://www.econbiz.de/10013114666
We quantify the fiscal multipliers in response to the American Recovery and Reinvestment Act (ARRA) of 2009. We extend the benchmark Smets-Wouters (Smets and Wouters, 2007) New Keynesian model, allowing for credit-constrained households, the zero lower bound, government capital and distortionary...
Persistent link: https://www.econbiz.de/10013123780
First Draft: January 2, 2010This Draft: November 13, 2013We quantify the fiscal multipliers in response to the American Recovery and Reinvestment Act (ARRA) of 2009. We extend the benchmark Smets-Wouters (2007) New Keynesian model, allowing for credit-constrained households, the zero lower...
Persistent link: https://www.econbiz.de/10013062095
We introduce a skewness-based approach to measure tax progression and demand for redistribution. We provide a political economy foundation for a novel measure of skewness by expressing key properties of the classical model of voting over income redistribution (Meltzer and Richard, 1981) and the...
Persistent link: https://www.econbiz.de/10012934159
unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …
Persistent link: https://www.econbiz.de/10011878536