The effects of the ratio between taxes and social provision on population well-being for ten European countries.
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We use a panel cointegration analysis.
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We control for the 2008 financial crisis.
Abstract
This paper has analyzed the effects of the ratio between taxes and social provision on population well-being for ten European countries. The linkages between what citizens would expect in return of the taxes paid and their well-being have clearly become stronger after the crisis and it should be taken into account in the debate on public policies and how these translates in population well-being.
