Unemployment as the Outcome of a Political Process: Fiscal Redistribution or Wage Rigidity?

This article wonders why wage rigidity institutions are so widely effective in OECD countries whereas fiscal instruments can more efficiently redistribute income from high skilled to low skilled workers withj lower unemployment.

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Year of publication:	2001
Authors:	Lehmann, E.
Institutions:	Centre de recherche de mathématiques et économie mathématique (CERMSEM), Centre d'Économie de la Sorbonne
Subject:	UNEMPLOYMENT \| MINIMUM WAGE

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Series:	Papiers d'Economie Mathématique et Applications.
Type of publication:	Book / Working Paper
Notes:	31 pages
Classification:	D70 - Analysis of Collective Decision-Making. General ; E24 - Employment; Unemployment; Wages ; J38 - Public Policy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005663593