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Moonlighting is one of the foremost reasons behind shadow activities in the Czech Republic. This paper is entrusted to … study the existence of political business cycle to explain the regularity of moonlighting in the Czech Republic. We consider … time series data of moonlighting for the period 1998Q1 to 2011Q2 for the study. Depending on the election periods of the …
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In 2008, the Czech government implemented a major overhaul of the personal income tax (PIT), replacing the previous progressive rate schedule with a single 15% rate levied on an enlarged base. This was accompanied by significant changes to the corporate income tax (CIT) and an increase in the...
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The paper aims to assess effects of the tax wedge on the employment rate in the Czech Republic. To investigate the impact of the tax wedge on the employment growth, we used a one-equation cointegration model based on the Engle-Granger theorem on OECD data. The results are surprising, because of...
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