Showing 1 - 6 of 6
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
levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor … demand and wages. Compared to their efficient values, gross wages, unemployment and participation are lower. Average tax …
Persistent link: https://www.econbiz.de/10002549363