Fiscal policy and minimum wage for redistribution: an equivalence result
In this paper, we derive conditions under which a minimum-wage law combined with anonymous taxes and transfers and an agent-specific tax-transfer scheme are equivalent policies.
Year of publication: |
2005
|
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Authors: | Gorostiaga, Arantza ; Rubio-Ramírez, Juan Francisco |
Institutions: | Federal Reserve Bank of Atlanta |
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