because the marginal tax rates, in general equilibrium, impact wages, and hence individual utility. The “progressivity” effect …

is intractable. In this note we prove this comparative static result on risk aversion and wages in general equilibrium …

price uncertainty. The effect on employment, wages, and profits of different realizations of the state of nature is studied …

In this paper, in order to study the impact of offshoring on sectoral and economywide rates of unemployment, we … construct a two sector general equilibrium model in which labor is mobile across the two sectors, and unemployment is caused by … search frictions. We find that, contrary to general perception, wage increases and sectoral unemployment decreases due to …

This paper analyzes the effects of environmental policy on employment (and unemployment) using a new general … unemployment) is small, even in the short run. An environmental performance standard causes a substantially smaller sectoral shift …

We study the incidence of pollution taxes and their impact on unemployment in an analytical general equilibrium … efficiency wage model. We find closed-form solutions for the effect of a pollution tax on unemployment, factor prices, and output …