
Is the impact of labor taxes on unemployment asymmetric
- Author
- Tino Berger (UGent) and Gerdie Everaert (UGent)
- Organization
- Abstract
- This paper tests whether increases and decreases in labor taxes have an asymmetric impact on unemployment. Using a panel of 16 OECD countries over the period 1970–2005, we estimate a panel unobserved-component model to account for the fact that unemployment rates and labor taxes are nonstationary but not cointegrated. We find a positive impact of labor tax increases on unemployment in European and Nordic countries, whereas for labor tax decreases, no significant impact is found in these countries. For Anglo-Saxon countries, neither increases nor decreases in labor taxes have any impact on unemployment.
- Keywords
- TAXATION, MODELS, 1960S, DEMAND, WAGES, UK, Unemployment, Labor Taxes, Asymmetry, Unobserved-Component Model, OECD, DYNAMICS, ADJUSTMENT COSTS, EMPLOYMENT
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Citation
Please use this url to cite or link to this publication: http://hdl.handle.net/1854/LU-3219201
- MLA
- Berger, Tino, and Gerdie Everaert. “Is the Impact of Labor Taxes on Unemployment Asymmetric.” MACROECONOMIC DYNAMICS, vol. 17, no. 1, 2013, pp. 143–54, doi:10.1017/S136510051100006X.
- APA
- Berger, T., & Everaert, G. (2013). Is the impact of labor taxes on unemployment asymmetric. MACROECONOMIC DYNAMICS, 17(1), 143–154. https://doi.org/10.1017/S136510051100006X
- Chicago author-date
- Berger, Tino, and Gerdie Everaert. 2013. “Is the Impact of Labor Taxes on Unemployment Asymmetric.” MACROECONOMIC DYNAMICS 17 (1): 143–54. https://doi.org/10.1017/S136510051100006X.
- Chicago author-date (all authors)
- Berger, Tino, and Gerdie Everaert. 2013. “Is the Impact of Labor Taxes on Unemployment Asymmetric.” MACROECONOMIC DYNAMICS 17 (1): 143–154. doi:10.1017/S136510051100006X.
- Vancouver
- 1.Berger T, Everaert G. Is the impact of labor taxes on unemployment asymmetric. MACROECONOMIC DYNAMICS. 2013;17(1):143–54.
- IEEE
- [1]T. Berger and G. Everaert, “Is the impact of labor taxes on unemployment asymmetric,” MACROECONOMIC DYNAMICS, vol. 17, no. 1, pp. 143–154, 2013.
@article{3219201, abstract = {{This paper tests whether increases and decreases in labor taxes have an asymmetric impact on unemployment. Using a panel of 16 OECD countries over the period 1970–2005, we estimate a panel unobserved-component model to account for the fact that unemployment rates and labor taxes are nonstationary but not cointegrated. We find a positive impact of labor tax increases on unemployment in European and Nordic countries, whereas for labor tax decreases, no significant impact is found in these countries. For Anglo-Saxon countries, neither increases nor decreases in labor taxes have any impact on unemployment.}}, author = {{Berger, Tino and Everaert, Gerdie}}, issn = {{1365-1005}}, journal = {{MACROECONOMIC DYNAMICS}}, keywords = {{TAXATION,MODELS,1960S,DEMAND,WAGES,UK,Unemployment,Labor Taxes,Asymmetry,Unobserved-Component Model,OECD,DYNAMICS,ADJUSTMENT COSTS,EMPLOYMENT}}, language = {{eng}}, number = {{1}}, pages = {{143--154}}, title = {{Is the impact of labor taxes on unemployment asymmetric}}, url = {{http://doi.org/10.1017/S136510051100006X}}, volume = {{17}}, year = {{2013}}, }
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