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Table 4 Estimated cumulative mutlipliers of tax components

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

  Tax burden Direct taxes Indirect taxes
Horizon ΣΔΥ/ ΣΔTXB ΣΔu/ ΣΔTXB ΣΔu/ΣΔTXB (2012) ΣΔΥ/ ΣΔDT ΣΔu/ ΣΔDT ΣΔu/ΣΔDT (2012) ΣΔΥ/ ΣΔINDT ΣΔu/ ΣΔINDT ΣΔu/ΣΔINDT (2012)
Impact -0.22 0.04 0.09 -1.33 0.50 1.03 -0.14 0.01 0.01
1st quarter -0.60 -0.08 -0.16 -1.54 0.47 0.97 -0.30 -0.08 -0.16
1 year -2.49 -0.32 -0.67 -1.46 0.33 0.69 -0.69 -0.26 -0.53
2 years -2.95 -0.40 -0.83 -1.34 0.16 0.34 -0.69 -0.31 -0.64
  1. Notes: TXB Tax burden, DT Direct taxes, INDT Indirect taxes.