Showing 1 - 10 of 102
average wage, we show that a more progressive taxation reduces the unemployment rate and increases the employment rate. These …This paper argues that, for a given overall level of labour income taxation, a more progressive tax schedule reduces … the unemployment rate and increases the employment rate. From a theoretical point of view, higher progressivity induces a …
Persistent link: https://www.econbiz.de/10010682629
This paper considers the impact of taxation policy on market work. On the basis of the evidence, we find that a 10 …
Persistent link: https://www.econbiz.de/10005196222
We utilise repeated cross sections of micro data from several countries, available from the Luxembourg Income Study, LIS, to estimate labour supply elasticities, both at the intensive and extensive margin. The benefit of the data is that it spans over four decades and includes a large number of...
Persistent link: https://www.econbiz.de/10010948808
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. …
Persistent link: https://www.econbiz.de/10005406269
International comparisons show that countries with co-ordinated wage setting generally have lower unemployment than countries with less co-ordinated wage setting. This paper argues that the monetary regime may affect whether co-ordination among many wage setters is feasible. A strict monetary...
Persistent link: https://www.econbiz.de/10005765834
This paper is concerned with a policy oriented macroeconomic experiment involving an ‘international’ economy with a relatively small ‘home’ country and a large ‘foreign’ country. It compares the economic performance of two alternative tax systems as a means to finance unemployment...
Persistent link: https://www.econbiz.de/10005181659
This study investigates spatial segregation of the population in fiscally decentralized urban areas. The theoretical part proposes the progressivity of local income taxes as a new explanation for income segregation. The empirical part studies how income tax differentials across municipalities in...
Persistent link: https://www.econbiz.de/10005766045
We study the tension between fiscal decentralization and progressive taxation. We present a multi-community model in …
Persistent link: https://www.econbiz.de/10005181280
We analyze the impact of progressive taxation on irreversible investment under uncertainty. We show that if tax …
Persistent link: https://www.econbiz.de/10005181410
This paper extends the standard human capital model with real options. Real options influence investment behavior when risky investments in human capital are irreversible and individuals can affect the timing of the investment. Option values make individuals more reluctant to invest in human...
Persistent link: https://www.econbiz.de/10005405834