How Long to Read Labor Tax Cuts and Employment: A General Equilibrium Approach for France
By Raphael A. Espinoza
How Long Does it Take to Read Labor Tax Cuts and Employment: A General Equilibrium Approach for France?
It takes the average reader and 38 minutes to read Labor Tax Cuts and Employment: A General Equilibrium Approach for France by Raphael A. Espinoza
Assuming a reading speed of 250 words per minute. Learn more
Description
The paper presents a simple supply side, general equilibrium model to estimate the macroeconomic effects of labor tax cuts. The model assumes that output is produced using capital, unskilled and skilled workers, and public servants. Wage formation for skilled workers features a Blanchflower-Oswald wage curve, while the labor supply for unskilled workers is very elastic around the minimum wage for small changes in employment. The model is calibrated for France and used to estimate the output and employment effects induced by two recent tax reforms: the Crédit d’Impôt pour la Compétitivité et l’Emploi (CICE) and the Pacte de Solidarité Responsabilité (RSP). We find that the tax cuts, if not offset by other fiscal measures, would contribute overall to creating around 200,000 jobs in the short run (600,000 jobs in the long run). Since the model abstracts from demand side effects, the results should be interpreted as providing estimates of the effect of tax measures on potential output and potential employment.
How long is Labor Tax Cuts and Employment: A General Equilibrium Approach for France?
Labor Tax Cuts and Employment: A General Equilibrium Approach for France by Raphael A. Espinoza is 37 pages long, and a total of 9,509 words.
This makes it 12% the length of the average book. It also has 12% more words than the average book.
How Long Does it Take to Read Labor Tax Cuts and Employment: A General Equilibrium Approach for France Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read Labor Tax Cuts and Employment: A General Equilibrium Approach for France aloud.
What Reading Level is Labor Tax Cuts and Employment: A General Equilibrium Approach for France?
Labor Tax Cuts and Employment: A General Equilibrium Approach for France is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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