Description |
1 online resource (11 pages) : illustrations |
Series |
IMF country report ; number 13/281 |
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IMF country report ; no. 13/281.
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Contents |
Cover; CONTENTS; MAKING WORK PAY AND INCREASING FEMALE LABOR SUPPLY; A. Starting Point: High Labor Taxation and Family Benefits; B. Key Parameters of Labor Taxation and Family Benefits; C. Effects on Work Incentives; D. Possible Solutions; References |
Summary |
This paper focuses on Austria's 2013 Article IV Consultation on economic development and policies related to labor demand and supply. Austria taxes labor heavily, and this practice explains in particular the limited labor supply of low-skilled workers and women. The IMF report highlights that social security contributions and payroll taxes amount to almost 50 percent of gross monthly wages. It analyzes that a comparatively high share of Austria's family benefits is monetary rather than in kind. Work incentives for low-skilled workers could be strengthened by selectively lowering social security contributions and/or payroll taxes, and reducing the entry income tax rate |
Notes |
"September 2013." |
Bibliography |
Includes bibliographical references |
Notes |
Online resource; title from PDF title page (ebrary, viewed November 23, 2013) |
Subject |
Labor supply -- Austria
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Women employees -- Austria
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Labor supply
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Women employees
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Austria
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Form |
Electronic book
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Author |
International Monetary Fund.
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ISBN |
9781484391112 |
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148439111X |
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