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We study the elasticity of taxable labour income (ETI) of employees in the Netherlands. The large 2001 Dutch tax reform generates substantial variation in marginal tax rates at dierent segments of the income distribution. →

We study the elasticity of taxable labour income (ETI) of employees in the Netherlands. The large 2001 Dutch tax reform generates substantial variation in marginal tax rates at dierent segments of the income distribution. →

This paper derives and estimates rules for fiscal policy that prescribe the optimal response to changes in unemployment and debt. →

This paper derives and estimates rules for fiscal policy that prescribe the optimal response to changes in unemployment and debt. →

This paper derives and estimates rules for fiscal policy that prescribe the optimal response to changes in unemployment and debt. →