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margin. The skill distribution is continuous, and, for each skill level, the distribution of migration cost is also … migration is decreasing in the skill level. When the semi-elasticity of migration is increasing in the skill level, either … negative. Numerical simulations are calibrated using plausible values of the semi-elasticity of migration for top income …
Persistent link: https://www.econbiz.de/10010877657
This paper characterizes the optimal redistributive tax schedule in a matching unemployment framework where (voluntary …) nonparticipation and (involuntary) unemployment are endogenous. The optimal employment tax rate is given by an inverse employment …
Persistent link: https://www.econbiz.de/10010540251
non-market activities. Search-matching frictions on the labor markets create unemployment. Wages, labor demand and … the skill level and are numerically confirmed under a more general objective. …
Persistent link: https://www.econbiz.de/10008833925