Arbeitspapier
The response of labour taxation to changes in government debt
This paper investigates the relationship between government debt and labour taxation for a panel of 18 EU countries over the period 1979-2008. The econometric estimates point to a statistically significant and economically relevant positive response of labour taxation to changes in the general government debt and interest expenditure-to-GDP ratios. The results are robust across a range of econometric specifications and labour tax indicators.
- Language
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Englisch
- Bibliographic citation
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Series: ECB Working Paper ; No. 1307
- Classification
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Wirtschaft
Personal Income and Other Nonbusiness Taxes and Subsidies; includes inheritance and gift taxes
National Debt; Debt Management; Sovereign Debt
Time Allocation and Labor Supply
- Subject
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debt
fiscal adjustment
labour taxes
- Event
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Geistige Schöpfung
- (who)
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Holm-Hadulla, Fédéric
Leiner-Killinger, Nadine
Slavík, Michal
- Event
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Veröffentlichung
- (who)
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European Central Bank (ECB)
- (where)
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Frankfurt a. M.
- (when)
-
2011
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Holm-Hadulla, Fédéric
- Leiner-Killinger, Nadine
- Slavík, Michal
- European Central Bank (ECB)
Time of origin
- 2011