More progressive income taxes raise employment in models of imperfectly competitive labour markets. However, this … progressive taxes reduce profits. This induces firms to exit the market such that the positive employment effect can vanish in a … opportunities raise the likelihood of positive employment effects due to higher tax progressivity. …

Various taxes influence wage and employment outcomes in efficiency wage models. These findings are extended by … incorporating more comprehensive tax functions, additional tax parameters, union-firm wage bargaining, and balanced budget …, holding constant the level of taxes, reduce wages and increase employment. Higher level of taxes on income, labour cost and …

In this paper fiscal policy is examined for an open economy characterised by unemployment due to efficiency wages. We …

In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However … reduces employment. Thus, the prevalent form of severance payments in OECD countries might have less advantageous employment …, severance payments are usually related to wages. It is shown that earnings-related, mandated severance pay will have ambiguous …

firing costs and unemployment benefits are independent of redundancy pay, employment and welfare will rise with redundancy … shown that a fixed payment will lower wages, leave employment and welfare unaffected if there are no wage-dependent taxes …, no additional firing costs and if unemployment benefits are not altered by redundancy payments. If payroll taxes exceed …

More progressive income taxes raise employment in models of imperfectly competitive labour markets. However, this … progressive taxes reduce profits. This induces firms to exit the market such that the positive employment effect can vanish in a … opportunities raise the likelihood of positive employment effects due to higher tax progressivity. …

firing costs and unemployment benefits are independent of redundancy pay, employment and welfare will rise with redundancy … shown that a fixed payment will lower wages, leave employment and welfare unaffected if there are no wage-dependent taxes …, no additional firing costs and if unemployment benefits are not altered by redundancy payments. If payroll taxes exceed …

firing costs and unemployment benefits are independent of redundancy pay, employment and welfare will rise with redundancy … shown that a fixed payment will lower wages, leave employment and welfare unaffected if there are no wage-dependent taxes …, no additional firing costs and if unemployment benefits are not altered by redundancy payments. If payroll taxes exceed …

More progressive income taxes raise employment in models of imperfectly competitive labour markets. However, this … progressive taxes reduce profits. This induces firms to exit the market such that the positive employment effect can vanish in a … opportunities raise the likelihood of positive employment effects due to higher tax progressivity. …

In this paper fiscal policy is examined for an open economy characterised by unemployment due to efficiency wages. We …