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We evaluate the effects of structural tax reforms on government spending efficiency in a sample of OECD economies over the period 2007-2016. After calculating input spending efficiency scores, we assess the relevance for efficiency of narrative tax changes in a panel setup. We find that: i)...
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A central finding of the modern labor market literature is that labor supply responses tend to be concentrated along the extensive margin (labor force participation) rather than the intensive margin (hours of work). Yet, the literature on the marginal cost of public funds (MCF) focuses solely on...
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This paper presents an analysis of the evolution of industrial wages in a selection of OECD countries, using data drawn from the Structural Analysis Database and a sequence of techniques that apply cluster and discriminant analysis to time-series of wage change by industry. The principal finding...
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