Social Security Contributions and the Business Cycle

Konferenzbeitrag

This paper examines magnitudes and business cycle dynamics of social security contributions (SSC). In most OECD countries studied, we document a negative covariation of payroll tax burdens with GDP and GDP growth at business cycle frequencies and lower. Changes in average payroll tax burdens are mostly accounted for by tax schedule changes, and not to changes in the earnings distribution over time. SSC rates behave similarly to estimated values of the “labor wedge” (Chari et al. 2007, 2016).

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: Business Cycles I ; No. F07-V3

Classification and Topics

• Classification: Wirtschaft ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Business Fluctuations; Cycles ; Nonwage Labor Costs and Benefits; Retirement Plans; Private Pensions ; Social Security and Public Pensions

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Almosova, Anna ; Voigts, Simon ; Burda, Michael
• Event: Veröffentlichung
• (who): ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
• (where): Kiel, Hamburg
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/168134
• Last update: 10.03.2025, 11:44 AM CET