Showing 1 - 6 of 6
money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal … monetary growth rate decreases with the workers' bargaining power, the level of unemployment benefits and the payroll tax rate …. -- inflation ; unemployment ; search-matching ; Friedman rule …
Persistent link: https://www.econbiz.de/10003344604
suggest that a more progressive tax schedule reduces the unemployment rate and increases the employment rate. These findings …
Persistent link: https://www.econbiz.de/10010379335
stamps which partially insure productivity risk is greater than the value of unemployment insurance which provides (partial …) insurance against employment risk and no insurance against persistent shocks. -- Uncertainty ; life-cycle models ; unemployment …
Persistent link: https://www.econbiz.de/10003755963
Persistent link: https://www.econbiz.de/10003444188
We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model … efficient values, at the optimum gross wages and unemployment are lower. Average tax rates are moreover increasing in wages. The … robustness of these properties is also discussed. -- Optimal income taxation ; unemployment ; matching …
Persistent link: https://www.econbiz.de/10003944297
Persistent link: https://www.econbiz.de/10002093504