Findings from Deutsch Bundesbank Yields New Findings on Economics (Parity Funding of Health Care Contributions In Germany: a Dsge Perspective)
Insurance Daily News
News Reporter-Staff News Editor at
Insurance Daily News New research on Economics is the subject of a report. According to news originating from
Frankfurt, Germany, by NewsRx correspondents, research stated, “Germany reintroduced parity funding of the statutory health insurance scheme in
January 2019 by lowering the contribution rates for employees and raising those for employers, leaving the total rate constant. This reduces the tax wedge between total labour costs and net wages.”
Our news journalists obtained a quote from the research from Deutsch Bundesbank, “After a small demand impulse on impact, followed by a small downturn in the first two years after implementation, an estimated New Keynesian DSGE model indicates small positive long-run output and employment effects. However, the reduced tax wedge