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Is the impact of labour taxes on unemployment asymmetric?

Gerdie Everaert (UGent) and Tino Berger (UGent)
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Abstract
This paper tests whether the impact of labour taxes on unemployment is symmetric with respect to increases and decreases in labour taxes. 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 labour taxes are non-stationary but not cointegrated. We find a positive impact of tax increases in European and Nordic countries with some evidence that tax decreases have a more moderate impact. For Anglo-Saxon countries, no impact of labour taxes on unemployment is found.
Keywords
labour taxes, unobserved component model, asymmetry, unemployment

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Citation

Please use this url to cite or link to this publication:

MLA
Everaert, Gerdie, and Tino Berger. “Is the Impact of Labour Taxes on Unemployment Asymmetric?” Working Paper Series Faculteit Economie en Bedrijfskunde 2008 : 1–9. Print.
APA
Everaert, Gerdie, & Berger, T. (2008). Is the impact of labour taxes on unemployment asymmetric? Working Paper Series Faculteit Economie en Bedrijfskunde. Ghent: Faculteit Economie en Bedrijfskunde, UGent.
Chicago author-date
Everaert, Gerdie, and Tino Berger. 2008. “Is the Impact of Labour Taxes on Unemployment Asymmetric?” Working Paper Series Faculteit Economie En Bedrijfskunde. Ghent: Faculteit Economie en Bedrijfskunde, UGent.
Chicago author-date (all authors)
Everaert, Gerdie, and Tino Berger. 2008. “Is the Impact of Labour Taxes on Unemployment Asymmetric?” Working Paper Series Faculteit Economie En Bedrijfskunde. Ghent: Faculteit Economie en Bedrijfskunde, UGent.
Vancouver
1.
Everaert G, Berger T. Is the impact of labour taxes on unemployment asymmetric? Working Paper Series Faculteit Economie en Bedrijfskunde. Ghent: Faculteit Economie en Bedrijfskunde, UGent; 2008. p. 1–9.
IEEE
[1]
G. Everaert and T. Berger, “Is the impact of labour taxes on unemployment asymmetric?,” Working Paper Series Faculteit Economie en Bedrijfskunde, vol. 2008/523. Faculteit Economie en Bedrijfskunde, UGent, Ghent, pp. 1–9, 2008.
@misc{526782,
  abstract     = {This paper tests whether the impact of labour taxes on unemployment is symmetric with
respect to increases and decreases in labour taxes. 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 labour taxes are non-stationary but not cointegrated. We find a positive impact of tax increases in European and Nordic countries with some evidence that tax decreases have a more moderate impact. For Anglo-Saxon countries, no impact of labour taxes on unemployment is found.},
  author       = {Everaert, Gerdie and Berger, Tino},
  keywords     = {labour taxes,unobserved component model,asymmetry,unemployment},
  language     = {eng},
  pages        = {1--9},
  publisher    = {Faculteit Economie en Bedrijfskunde, UGent},
  series       = {Working Paper Series Faculteit Economie en Bedrijfskunde},
  title        = {Is the impact of labour taxes on unemployment asymmetric?},
  volume       = {2008/523},
  year         = {2008},
}