Employment and Growth Effects of Tax Reforms in a Growth-Matching Model
| dc.creator | Birk, Angela | |
| dc.creator | Michaelis, Jochen | |
| dc.date | 2017-04-01T18:59:29Z | |
| dc.date.accessioned | 2026-07-09T03:54:20Z | |
| dc.description | This paper explores how revenue-neutral tax reforms impact employment and economic growth in models of exogenous and endogenous growth and search frictions on the labor market. We show that (i) a cut in the payroll tax financed by an increase in the wage tax lowers both equilibrium employment and the equilibrium growth rate, that (ii) a higher energy tax combined with a cut in wage taxes boosts employment but has an ambiguous effect on growth, and that (iii) a higher energy tax combined with a cut in payroll taxes enhances employment but mitigates economic growth. | |
| dc.identifier | doi:10.22004/ag.econ.26324 | |
| dc.identifier | https://ageconsearch.umn.edu/record/26324/files/dp020208.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/26324 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/541738 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/26324 | |
| dc.title | Employment and Growth Effects of Tax Reforms in a Growth-Matching Model | |
| dc.type | Text |