Attinasi, Maria-Grazia; Prammer, Doris; Stähler, Nikolai; … - 2016
macroeconomic and welfare effects of reducing the firms' and workers' labour tax rates under alternative financing instruments …. Overall, a tax wedge reduction is beneficial in terms of both welfare and output, as long as the financing measure does not … harm private-sector productivity and/or the incentive for private capital investments over-proportionately. While financing …