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Great Recession, we estimate that the payroll tax cuts had limited effects on employment and balance-sheet outcomes of firms … by the previously enacted payroll tax cuts in treated firms. These employment effects are exacerbated for men and low …This paper estimates the effect of payroll tax cuts on firm-level employment and balance-sheet outcomes during economic …
Persistent link: https://www.econbiz.de/10012495699
Persistent link: https://www.econbiz.de/10012800534
Great Recession, we estimate that the payroll tax cuts had limited effects on employment and balance-sheet outcomes of firms … by the previously enacted payroll tax cuts in treated firms. These employment effects are exacerbated for men and low …This paper estimates the effect of payroll tax cuts on firm-level employment and balance-sheet outcomes during economic …
Persistent link: https://www.econbiz.de/10013235100
payroll tax cuts in Finland as well as the onset of the Great Recession to estimate the effect of the recession on firms … estimate that the payroll tax cuts had limited effects on firms located in the treated regions. However, when the recession … starts, some of its negative effects were substantially hampered by the previously enacted payroll tax cuts in treated firms …
Persistent link: https://www.econbiz.de/10012481340
payroll tax cuts in Finland as well as the onset of the Great Recession to estimate the effect of the recession on firms … estimate that the payroll tax cuts had limited effects on firms located in the treated regions. However, when the recession … starts, some of its negative effects were substantially hampered by the previously enacted payroll tax cuts in treated firms …
Persistent link: https://www.econbiz.de/10013306684
In 2009, Germany invested 15.4 Billion Euro in infrastructure to avert the looming recession. In this study, we evaluate whether the German stimulus program was successful in limiting the impact of the crisis on the job market. We exploit exogenous cross-sectional variation to identify the...
Persistent link: https://www.econbiz.de/10010341046
Persistent link: https://www.econbiz.de/10012651040
The COVID-19 pandemic and the associated government mandated shutdowns caused a historic shock to the U.S. economy and a disproportionate job loss concentrated among the working class. While an unprecedented social safety net policy response successfully offset earnings loses among lower-wage...
Persistent link: https://www.econbiz.de/10012485440
Persistent link: https://www.econbiz.de/10014380576
This article reviews recent research findings on the effects of fiscal multipliers in normal times, during booms/busts, and in the presence of the zero lower bound. Studies on the effects of fiscal policy in open economy settings as well as contributions on the fiscal-monetary policy mix are...
Persistent link: https://www.econbiz.de/10011933907