Showing 1 - 9 of 9
This paper revisits the normative properties of search-matching economies when homogeneous workers have concave utility …
Persistent link: https://www.econbiz.de/10010276945
This paper characterizes optimal non-linear income taxation in an economy with a continuum of unobservable productivity levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor demand and wages. Compared to their efficient...
Persistent link: https://www.econbiz.de/10010276950
We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model …
Persistent link: https://www.econbiz.de/10010277029
This paper builds a macroeconomic model of equilibrium unemployment in which firms persistently face difficulties in selling their production and this affects their decisions to create jobs. Due to search-frictions on the product market, equilibrium unemployment is a U-shaped function of the...
Persistent link: https://www.econbiz.de/10010277003
workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch …
Persistent link: https://www.econbiz.de/10013014200
This paper revisits the normative properties of search-matching economies when homogeneous workers have concave utility …
Persistent link: https://www.econbiz.de/10005703087
This paper characterizes optimal non-linear income taxation in an economy with a continuum of unobservable productivity levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor demand and wages. Compared to their efficient...
Persistent link: https://www.econbiz.de/10005822583
This paper builds a macroeconomic model of equilibrium unemployment in which firms persistently face difficulties in selling their production and this affects their decisions to create jobs. Due to search-frictions on the product market, equilibrium unemployment is a U-shaped function of the...
Persistent link: https://www.econbiz.de/10005700844
We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model …
Persistent link: https://www.econbiz.de/10008557234