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Table 5 Estimated semi-elasticities of tax components

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

   Implicit direct tax rate Implicit indirect tax rate
Horizon ΔΥ/ Δ(ImplDT) Δu/ Δ(ImplDT) Δu/Δ(ImplD) (2012) ΔΥ/ Δ(ImplINDT) Δu/ Δ(ImplINDT) Δu/Δ(ImplINDT) (2012)
Impact -1.21% 0.35% 0.74% -1.26% 0.34% 0.71%
1st quarter -0.89% 0.26% 0.55% -0.93% 0.32% 0.66%
1 year -0.42% 0.13% 0.27% -0.65% 0.28% 0.58%
2 years -0.18% 0.06% 0.12% -0.45% 0.21% 0.45%
  1. Notes: ImplDT Implicit direct tax rate, ImplINDT Implicit indirect tax rate.