The Impact of Tax and Welfare Policieson Employment and Unemployment in OECD Countries

An Application of the Structural Error Correction Model

The paper provides a selective survey of methods and findings concerning the impact of tax and welfare policies on employment, unemployment, and economic growth in OECD countries. The paper examines a number of facets of tax and welfare policy and concludes that cross-country macroeconomic studies shed only limited light on the issue. Analyses of household behavior using microeconometric methods are much more fruitful but the question remains of how to aggregate these results to assess the overall impact of policy.
READ MORE...
Volume/Issue: Volume 2000 Issue 164
Publication date: October 2000
ISBN: 9781451857986
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
Paperback
PDF
ePub
Mobi
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Business and Economics , Labor , Economics- Macroeconomics , Taxation - General , WP , earnings test , direct tax , tax burden , income tax , labor market , Taxes , welfare spending , tax structure , microeconometrics , replacement rate , low income , test abolition , net replacement , pretax earnings distribution , labor force , labor supply , Wages , Labor supply , Marginal effective tax rate , Income , Europe

Summary

The paper provides a selective survey of methods and findings concerning the impact of tax and welfare policies on employment, unemployment, and economic growth in OECD countries. The paper examines a number of facets of tax and welfare policy and concludes that cross-country macroeconomic studies shed only limited light on the issue. Analyses of household behavior using microeconometric methods are much more fruitful but the question remains of how to aggregate these results to assess the overall impact of policy.