Arbeitspapier
Do payroll tax cuts raise youth employment?
In 2007, the Swedish employer-paid payroll tax was cut on a large scale for young workers, substantially reducing labor costs for this group. Using Difference-in- Differences paired with exact matching, we estimate a small impact, both on employment and on wages, implying a labor demand elasticity for young workers at around 0:31. Since the tax reduction applied also to existing employments, the cost of the reform was sizable, and the estimated cost per created job is at more than four times that of directly hiring workers at the average wage. Hence, we conclude that payroll tax cuts are an ineffcient way to boost employment for young individuals.
- Sprache
-
Englisch
- Erschienen in
-
Series: IFN Working Paper ; No. 1001
- Klassifikation
-
Wirtschaft
Business Taxes and Subsidies including sales and value-added (VAT)
Fiscal Policies and Behavior of Economic Agents: Firm
Labor Demand
Wages, Compensation, and Labor Costs: Public Policy
Mobility, Unemployment, and Vacancies: Public Policy
- Thema
-
Youth unemployment
Payroll tax
Tax subsidy
Labor costs
Exact matching
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Egebark, Johan
Kaunitz, Niklas
- Ereignis
-
Veröffentlichung
- (wer)
-
Research Institute of Industrial Economics (IFN)
- (wo)
-
Stockholm
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Egebark, Johan
- Kaunitz, Niklas
- Research Institute of Industrial Economics (IFN)
Entstanden
- 2014
Ähnliche Objekte (12)
Do payroll tax cuts raise youth employment?
Targeting Tax Relief at Youth Employment
Tax cuts and employment: Evidence from Finnish linked employer-employee data
Do Tax Cuts Increase Consumption?
Does Job Search Assistance Really Raise Employment?
Do corporate tax cuts increase investments?
Do Corporate Tax Cuts Increase Investments?
Do corporate tax cuts increase investments?
Youth minimum wages and youth employment
Do corporate tax cuts boost economic growth?
Do corporate tax cuts boost economic growth?
Do corporate tax cuts boost economic growth?
Do payroll tax cuts raise youth employment?
Targeting Tax Relief at Youth Employment
Tax cuts and employment: Evidence from Finnish linked employer-employee data
Do Tax Cuts Increase Consumption?
Does Job Search Assistance Really Raise Employment?
Do corporate tax cuts increase investments?
Do Corporate Tax Cuts Increase Investments?
Do corporate tax cuts increase investments?
Youth minimum wages and youth employment
Do corporate tax cuts boost economic growth?
Do corporate tax cuts boost economic growth?
Do corporate tax cuts boost economic growth?
Do payroll tax cuts raise youth employment?
Targeting Tax Relief at Youth Employment
Tax cuts and employment: Evidence from Finnish linked employer-employee data
Do Tax Cuts Increase Consumption?
Does Job Search Assistance Really Raise Employment?
Do corporate tax cuts increase investments?
Do Corporate Tax Cuts Increase Investments?
Do corporate tax cuts increase investments?
Youth minimum wages and youth employment
Do corporate tax cuts boost economic growth?
Do corporate tax cuts boost economic growth?