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Table 3 Estimated response mutlipliers of tax components

From: The unemployment effects of fiscal policy: recent evidence from Greece

  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
1 year -0.11 -0.04 -0.09 -0.17 -0.06 -0.12 -0.06 -0.04 -0.08
2 years -0.01 0.00 -0.01 0.07 -0.08 -0.17 0.01 -0.01 -0.02
  1. Notes: TXB Tax burden, DT Direct taxes, INDT Indirect taxes.