Table 3 Estimated response mutlipliers of tax components
From: The unemployment effects of fiscal policy: recent evidence from Greece
| Â | Tax burden | Direct taxes | Indirect taxes | ||||||
|---|---|---|---|---|---|---|---|---|---|
Horizon | ΔΥ/ Δ(TXB) | Δu/ Δ(TXB) | Δu/Δ(TXB) (2012) | ΔΥ/ Δ(DT) | Δu/ Δ(DT) | Δu/Δ(DT) (2012) | ΔΥ/ Δ(lNDT) | Δu/ Δ(INDT) | Δu/Δ(INDT) (2012) |
Impact | -0.22 | 0.04 | 0.09 | -1.33 | 0.50 | 1.03 | -0.14 | 0.01 | 0.01 |
1st quarter | -0.42 | -0.12 | -0.26 | -0.86 | 0.17 | 0.35 | -0.24 | -0.10 | -0.21 |
1Â year | -0.11 | -0.04 | -0.09 | -0.17 | -0.06 | -0.12 | -0.06 | -0.04 | -0.08 |
2Â years | -0.01 | 0.00 | -0.01 | 0.07 | -0.08 | -0.17 | 0.01 | -0.01 | -0.02 |