The response of labour taxation to changes in government debt

This paper investigates the relationship between government debt and labour taxation for a panel of 18 EU countries over the period 1979-2008. The econometric estimates point to a statistically significant and economically relevant positive response of labour taxation to changes in the general government debt and interest expenditure-to-GDP ratios. The results are robust across a range of econometric specifications and labour tax indicators

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Year of publication:	2011
Authors:	Holm-Hadulla, Fédéric ; Leiner-Killinger, Nadine ; Slavík, Michal
Publisher:	European Central Bank
Subject:	Geldpolitik \| Monetary Policy \| Zentralbank \| Central Bank

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Extent:	1495040 bytes 23 p. application/pdf
Series:	Working paper series / European Central Bank ; 1307
Type of publication:	Book / Working Paper
Language:	English
Classification:	H2 - Taxation, Subsidies, and Revenue ; H24 - Personal Income and Other Nonbusiness Taxes and Subsidies ; H63 - Debt; Debt Management ; J22 - Time Allocation and Labor Supply ; Currency. Monetary policy ; Individual Working Papers, Preprints
Source:	ArchiDok

Persistent link: https://www.econbiz.de/10009640641