Social Security Contributions and the Business Cycle

Anna Almosova, Simon Voigts and Michael Burda

VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association

Abstract: This paper examines magnitudes and business cycle dynamics of social security contributions (SSC). In most OECD countries studied, we document a negative covariation of payroll tax burdens with GDP and GDP growth at business cycle frequencies and lower. Changes in average payroll tax burdens are mostly accounted for by tax schedule changes, and not to changes in the earnings distribution over time. SSC rates behave similarly to estimated values of the “labor wedge” (Chari et al. 2007, 2016).

JEL-codes: E24 E32 H55 J32 (search for similar items in EconPapers)
Date: 2017
New Economics Papers: this item is included in nep-age and nep-mac
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https://www.econstor.eu/bitstream/10419/168134/1/VfS-2017-pid-2596.pdf (application/pdf)

Related works:
Journal Article: Social Security Contributions and the Business Cycle (2020)
Working Paper: Social Security Contributions and the Business Cycle (2017)
Working Paper: Social Security Contributions and the Business Cycle (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168134

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