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Tax Reform and Employment in Europe

✍ Scribed by Hutton, John P.; Ruocco, Anna


Book ID
110266915
Publisher
Springer
Year
1999
Tongue
English
Weight
135 KB
Volume
6
Category
Article
ISSN
0927-5940

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## Abstract This paper studies a revenue-neutral green tax reform that substitutes energy for wage taxes in an open economy with unemployment. As long as the labour tax rate exceeds the energy tax rate, such a reform will increase employment, reduce the domestic firms' unit cost of production and