The Unemployment Effects Of Fiscal Policy In Netherlands

Year 2015, Volume: 20 Issue: 1, 143 - 153, 01.03.2015

  assist.prof.dr.umut Ünal

Abstract

This paper focuses on the effects of fiscal policy in Netherlands analyzed in a VAR context. Fiscal shocks are found to involve significant impacts on GDP, unemployment rate, consumption and investment. In this regard, Keynesian effects are observed. In addition, the results suggest that unemployment rises in response to a fiscal contraction whereas it falls following a fiscal expansion. When government spending increases output increases; when total net taxes increase output falls. A social security tax innovation also leads to a rise in unemployment rate. Moreover, the results indicate that the social security taxes is a more effective tool compared to total net taxes for policymakers in Netherlands in terms of GDP and its private components

Keywords

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HOLLANDA’DA MALİYE POLİTİKALARININ İŞSİZLİK ÜZERİNDEKİ ETKİSİ

Abstract

Bu makale Hollanda’da maliye politikalarının etkilerini VAR bağlamında analiz etmektedir. Mali şokların GSMH, işsizlik, tüketim ve yatırım üzerinde anlamlı etkilerinin olduğu bulunmuştur. Bu bağlamda, Keynezyen etkiler gözlemlenmiştir. Buna ilave olarak, sonuçlar bize işsizliğin mali sıkılaştırmayla arttığını, mali genişleme ile azaldığını göstermiştir. Devlet harcamaları arttığında üretimin arttığı; vergiler arttığında ise üretimin azaldığı bulunmuştur.. Sosyal güvenlik vergisinde olası bir artışın işsizlikte artışa yol açtığı tespit edilmiştir. Yine, sonuçlar göstermiştir ki, sosyal güvenlik vergileri, Hollanda’da politika yapıcılar için, toplam vergilere göre GSMH ve özel bileşenleri üzerindeki tesirleri bakımından daha etkili bir araçtır

Keywords

Devlet Harcaması, Toplam Net Vergiler, Sosyal Güvenlik Vergileri, İşsizlik

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