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A Cross-Country Analysis of the Tax-Push Hypothesis [electronic resource] Padoa-Schioppa, Fiorella.

Author/Creator:
Padoa-Schioppa, Fiorella.
Publication:
Washington, D.C. : International Monetary Fund, 1992.
Series:
IMF eLibrary
IMF Working Papers; Working Paper No. 92/11.
IMF Working Papers; Working Paper No. 92/11
Format/Description:
Government document
Book
1 online resource (58 p.)
Local subjects:
Average tax rate.
Benefits.
Capital stock.
Consumption taxes.
Direct tax.
Direct tax rates.
Direct taxation.
Employment benefits.
Employment tax.
Flat tax rate.
Higher income.
Income tax rates.
Income tax system.
Income taxes.
Indirect tax.
Indirect taxes.
Lump sum tax.
Marginal tax rate.
Marginal tax rates.
Personal income tax.
Personal income tax rate.
Personal income tax system.
Personal income taxes.
Progressive tax.
Tax allowances.
Tax analysts.
Tax bill.
Tax deductions.
Tax reform.
Tax reforms.
Tax restructuring.
Tax shifting.
Tax structure.
Tax system.
Tax systems.
Wage.
Wage determination.
Wage equation.
Wage equations.
Wage indexation.
Wage level.
Wage rate.
Wage rates.
Wages.
Austria.
Belgium.
Denmark.
France.
Germany.
Grenada.
Italy.
Netherlands.
Sweden.
United Kingdom.
Summary:
This paper presents a microeconomic theoretical model of union optimizing behavior which is then used to test the relevance of the tax-push hypothesis for wage formation in nine Western European countries. Two factors—the compensation and the progressivity effects—are shown by the model to account for the effect (if any) of tax rates on wage formation. A wage equation tested for the period 1960-1988 shows that in general small open economies have negligible compensation and progressivity effects, while in larger economies direct, indirect and social security tax rates are transferred onto the real labor cost. All countries show a weakening of the tax shifting starting at the end of the 1970s or the beginning of the 1980s.
Notes:
Description based on print version record.
Contributor:
Padoa-Schioppa, Fiorella.
Other format:
Print Version:
ISBN:
1451925948:
9781451925944
ISSN:
1018-5941
Publisher Number:
10.5089/9781451925944.001
Access Restriction:
Restricted for use by site license.
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