|
EconStor >
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Essen >
Ruhr Economic Papers, RWI >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/26855
|
| | |
| Title: | | Financing social security by taxing capital income: a bad idea?  |
| Authors: | | Kunze, Lars Schuppert, Christiane |
| Issue Date: | | 2009 |
| Series/Report no.: | | Ruhr economic papers 90 |
| Abstract: | | This paper examines the growth effects of an increase of capital income taxes with additional revenue being devoted to cut wage-related social security contributions to reduce unemployment. The analysis is carried out in an overlapping generations model with endogenous growth, unemployment and a social security system comprising pensions and unemployment benefits. It is shown that the reform not only promotes employment but may additionally stimulate economic growth. Calibrating the model to match data for the EU15 reveals that European countries can indeed gain in form of higher employment and growth if the initial capital income tax is not too high. |
| Subjects: | | Capital income taxation social security imperfect labor market overlapping generations growth |
| JEL: | | H24 H55 O40 |
| ISBN: | | 978-3-86788-101-2 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des RWI Ruhr Economic Papers, RWI
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/26855
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|