Towards an analysis of tax effects on labour market and allocation: A micro/macro approach

Gelauff, George; Erp, F. A. M. van; Graafland, Johan; Hien, A. E. VAN; Nibbelink, André

doi:10.1007/bf01460314

Cited by 6 publications

(5 citation statements)

References 15 publications

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“…For example, Gelauff et al (1991) use CGE model to determine that temporary increase of world trade and higher value added tax rates do not affect the equilibrium unemployment rate in the long run. A higher replacement rate of unemployment benefi ts increases unemployment and a tax reform containing lower marginal and average tax rates reduce unemployment.…”

Section: Review Of Theoretical and Empirical Findingsmentioning

confidence: 99%

General Equilibrium Effects of Lower Labor Tax Burden in Croatia

Nadoveza

Sekur

Beg

2016

Zagreb International Review of Economics and Business

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This paper examines the effects of lower labor tax burden in Croatia by using Computable general equilibrium (CGE) model. It is a 5-sector (households, fi rms, government, investors and foreigners) model and economy is disaggregated on three highly aggregated sectors. One of the major advantages of CGE modeling is the evaluation of the overall effects of policy changes, shocks and reforms in the economy. We do this by lowering taxes on labor and simulating changes of all endogenous variables in the model simultaneously. Lastly, we provide sensitivity analysis results. Our results suggest that it is possible to encourage domestic production by reducing taxes on labor, but the potential effects on unemployment should be revised as to get more accurate estimates.

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Section: Review Of Theoretical and Empirical Findingsmentioning

confidence: 99%

General Equilibrium Effects of Lower Labor Tax Burden in Croatia

Nadoveza

Sekur

Beg

2016

Zagreb International Review of Economics and Business

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“…The second approach did not overcome its theoretical puzzles and lack of data. In the end, the third approach turned out to be successful, but it was long before the first tentative results became available ( Gelauff et al. , 1991).…”

Section: Sixty Years Of Model Building At Cpbmentioning

confidence: 99%

Models and methods for economic policy: 60 years of evolution at CPB*

Don

Verbruggen

2006

Statistica Neerlandica

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What is now known in English as the Netherlands Bureau for Economic Policy Analysis (CPB) has been involved in econometric model building since its foundation in 1945. During the 60 years of developing and using the models reviewed in this article, CPB's model building has evolved significantly. Over this period, a shift of emphasis can be observed from econometrics and empiricism to economic theory. New questions from policymakers and new features in the national economy have guided research, while new developments in econometrics and economic theory were taken on board wherever they helped to improve the quality and scope of the analysis. Although considerable progress has been achieved in several spheres, even the most sophisticated and up-to-date models continue to be riddled with some longstanding limitations and weaknesses.

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“…models is not new: an early example is Kehoe and Serra-Puche (1983) who analyse the unemployment consequences of the 1980 fiscal reform in Mexico, and Kehoe, Polo and Sancho (1995) who analyse the effects on a ränge of macro indicators of Spain's introduction of V AT in 1986. Recently Gelauff et al (1991), andGelauff (1993) have developed sophisticated models of the Dutch labour market, incorporating a detailed treatment of the tax and benefit system, including a distribution of househoid types, and explicit modelling of the wage-bargaining system and employment effects. The scale and complexity of their models.…”

Section: Features Of the New Modelmentioning

confidence: 99%

The Labour Market Effects of Vat Harmonisation in a Multicountry Age Model

Duncan¹,

Hutton²,

Laroui³

et al. 1998

Routledge New International Studies in Economic Modelling

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in ABSTRACTThis paper considers the sensitivity of policy Simulation to the specification of the labour market in an Applied General Equilibrium (AGE) model of the European Union. We consider a variety of adjustments to the labour market, including the introduction of labour supply heterogeneity and involuntary unemployment, and examine how those adjustments influenae the simulated impact of a move to European VAT harmonisation. Empirical results indicate that the precise mechanism by which unemployment is factored into the AGE model has important consequences for the price, quantity and welfare efFects following the policy reform.

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Towards an analysis of tax effects on labour market and allocation: A micro/macro approach

Cited by 6 publications

References 15 publications

General Equilibrium Effects of Lower Labor Tax Burden in Croatia

General Equilibrium Effects of Lower Labor Tax Burden in Croatia

Models and methods for economic policy: 60 years of evolution at CPB*

The Labour Market Effects of Vat Harmonisation in a Multicountry Age Model

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