caa a22 4500 475797817 CHVBK 20180406123729.0 cr unu---uuuuu 170329e20000601xx s 000 0 eng 10.1007/BF01676982 doi (NATIONALLICENCE)springer-10.1007/BF01676982 The impact of tax reforms on unemployment in a SMOPEC [Elektronische Daten] [Jochen Michaelis, Michael Pflüger] This paper analyzes revenue-neutral tax reforms for a small open economy which is constrained to a balanced current account and whose producers have market power on the world market. We consider origin-based and destination-based commodity taxes as well as taxes on income, the payroll, and on an imported factor of production. Our main findings are the following. First, the strength, and for some parameter constellations, even the sign of the employment effect of tax reforms varies with the degree of openness of the economy. Second, the indeterminacy of the sign of the employment effect crucially hinges on the presence of an internationally mobile factor. The central mechanism underlying our results are adjustments of the real exchange rate which have repercussions on wage and price setting and therefore on employment. Springer-Verlag, 2000 unemployment nationallicence wage bargaining nationallicence tax reform nationallicence E6 nationallicence H2 nationallicence J5 nationallicence Michaelis Jochen aut Pflüger Michael aut Journal of Economics Springer Vienna 72/2(2000-06-01), 175-201 0931-8658 72:2<175 2000 72 712 https://doi.org/10.1007/BF01676982 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF01676982 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Michaelis Jochen aut NATIONALLICENCE 700 1- Pflüger Michael aut NATIONALLICENCE 773 0- Journal of Economics Springer Vienna 72/2(2000-06-01), 175-201 0931-8658 72:2<175 2000 72 712 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer