Jacquinot, Pascal; Lozej, Matija; Pisani, Massimiliano - 2018
We evaluate the effects of permanently reducing labour tax rates in the euro area (EA) by simulating a large-scale open …, and public employment. Our results are as follows. First, a permanent reduction in labour tax rates in the Home region … would have stimulating effects on domestic economic activity and employment. Second, reducing labour tax rates …