منابع مشابه
Payroll Taxes, Social Insurance and Business Cycles
Payroll taxes represent a major distortionary in uence of governments on labor markets. This paper examines the role of payroll taxation and the social safety net for cyclical uctuations in an nonmonetary economy with labor market frictions and unemployment insurance, when the latter is only imperfectly related to search e ort. A balanced social insurance budget renders gross wages more rigid o...
متن کاملThe effect of payroll taxes on employment and wages under high labor informality
This paper evaluates the effects of a fall in payroll taxes on employment and wages in the presence of high labor informality. For that purpose, the paper examines a recently approved tax reform in Colombia especially targeted to promote labor formality. The model suggests that the reform would increase total employment by between 0.3 to 0.5 percent and formal employment by between 3.4 to 3.7 p...
متن کاملThe Labor Market Effects of Payroll Taxes in a Middle-income Country: Evidence from Colombia
We use a panel of manufacturing plants from Colombia to analyze how the rise in payroll tax rates over the 1980’s and 1990’s affected the labor market. Our estimates indicate that formal wages fall by between 1.4% and 2.3% as a result of a 10% rise in payroll taxes. This “less-than-full-shifting” is likely to be the result of weak linkages between benefits and taxes and the presence of downward...
متن کاملEarnings Responses to Increases in Payroll Taxes
This paper uses SIPP data matched to longitudinal uncapped earnings records from the Social Security Administration for 1981 to 1999 in order to analyze earnings responses to increases in tax rates and inform discussions about the likely effects of raising the Social Security taxable maximum. The earnings distribution of workers around the current taxable maximum is inconsistent with an annual ...
متن کاملTHE LABOR MARKET EFFECTS OF PAYROLL TAXES IN A MIDDLE- INCOME COUNTRY: EVIDENCE FROM COLOMBIA By,
We use a panel of manufacturing plants from Colombia to analyze how the rise in payroll tax rates over the 1980s and 1990s affected the labor market. Our estimates indicate that formal wages fall by between 1.4% and 2.3% as a result of a 10% rise in payroll taxes. This “less-than-full-shifting” is likely to be the result of weak linkages between benefits and taxes and the presence of downward w...
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ژورنال
عنوان ژورنال: Labour Economics
سال: 2018
ISSN: 0927-5371
DOI: 10.1016/j.labeco.2018.10.001