A Tax Based Test for Nominal Rigidities
A Tax Based Test for Nominal Rigidities
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In our eReader you can find the full English version of the book. Read A Tax Based Test for Nominal Rigidities Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A Tax Based Test for Nominal Rigidities
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We adopted still another procedure for identifying tax changes in the British data, by studying the response of prices, wages, and output to dummy variables which correspond to large tax reforms. Although this technique does not use all the infonnation we have about the nature of these tax reforms, it avoids the problems of spurious correlation which may contaminate our other results.
III. A. The United Kingdom Direct taxes in the United Kingdom consist of personal income taxes and surtaxes, an...d employee's national insurance contributions. Indirect taxes include a variety of different levies: Purchase Tax (prior to 1972), Value Added Tax, stamp, customs, alcohol, and tobacco duties, car tax, as well as employers contributions for National Insurance and Selective EJnployment Tax. Data on tax receipts were obtained from Financial Statistics and unpublished tabulations provided by the Central Statistical Office. A detailed data description is available from the authors on request.
The resulting shares of direct and indirect taxes in GDP are shown in Table 1.
What to read after A Tax Based Test for Nominal Rigidities?
You can find similar books in the "Read Also" column, or choose other free books by James M Poterba to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
We adopted still another procedure for identifying tax changes in the British data, by studying the response of prices, wages, and output to dummy variables which correspond to large tax reforms. Although this technique does not use all the infonnation we have about the nature of these tax reforms, it avoids the problems of spurious correlation which may contaminate our other results.
III. A. The United Kingdom Direct taxes in the United Kingdom consist of personal income taxes and surtaxes, an...d employee's national insurance contributions. Indirect taxes include a variety of different levies: Purchase Tax (prior to 1972), Value Added Tax, stamp, customs, alcohol, and tobacco duties, car tax, as well as employers contributions for National Insurance and Selective EJnployment Tax. Data on tax receipts were obtained from Financial Statistics and unpublished tabulations provided by the Central Statistical Office. A detailed data description is available from the authors on request.
The resulting shares of direct and indirect taxes in GDP are shown in Table 1.
What to read after A Tax Based Test for Nominal Rigidities?
You can find similar books in the "Read Also" column, or choose other free books by James M Poterba to read onlineMoreLess
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