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One important feature of tax reforms, in particular corporate tax reforms, is the uncertainty surrounding them. Are they going to be permanent or are they likely to be withdrawn by the subsequent government? The expected duration of the reform is important because it affects households' economic...
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We study the welfare effects of both existing and counter-factual Europeanunemployment insurance (UI) policies using a rich multi-country dynamic generalequilibrium model with labour market frictions. The model successfully replicatesseveral salient features of European labor markets, in...
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