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Optimal income taxation with endogenous participation and search unemployment

Lehmann, Etienne (contributor); … - 2008

dimensions: their skills and their values of non-market activities. Search-matching frictions on the labor markets create … unemployment. Wages, labor demand and participation are endogenous. The government only observes wage levels. Under a Maximin … general utilitarian objective. Taking account of the wage-cum-labor demand margin deeply changes the equity-efficiency trade …

Persistent link: https://www.econbiz.de/10003771876

Earnings-related severance pay

Goerke, Laszlo - 2006

In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However, severance payments are usually related to wages. It is shown that earnings-related, mandated severance pay will have ambiguous employment effects if effort can be varied...

Persistent link: https://www.econbiz.de/10003355561

Corporate and personal income tax declarations

Goerke, Laszlo (contributor) - 2006

Decisions by firms and individuals on the extent of their tax payments have generally been treated as separate choices. Empirically, a positive relationship between corporate and personal income tax evasion can be observed. The theoretical analysis in this paper shows that a manager's decision...

Persistent link: https://www.econbiz.de/10003355568

A search model of unemployment and inflation

Lehmann, Etienne (contributor) - 2006

In this paper, I introduce money in the standard labor-matching model (Mortensen and Pissarides 1999, Pissarides 2000 …

Persistent link: https://www.econbiz.de/10003344604

Wage rigidity or fiscal redistribution? : The unemployment bias of time consistent redistributive policies

Lehmann, Etienne (contributor) - 2006

Because of Time Inconsistency considerations, policymakers underestimate the drawbacks of wage rigidity as a redistributive tool. Consequently, they redistribute inefficiently income from high to low skilled workers. They typically implement too much wage rigidity whereas other means (in...

Persistent link: https://www.econbiz.de/10003316484

On the optimality of a minimum wage : new insights from optimal tax theory

Hungerbühler, Mathias (contributor); … - 2007

conjunction with an optimized nonlinear income tax. We consider this issue in a framework where search frictions on the labor …

Persistent link: https://www.econbiz.de/10003603595

Search frictions on product and labor markets : money in the matching function

Lehmann, Etienne (contributor); … - 2007

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/10003578815

Unemployment insurance savings accounts and collective wage determination

Goerke, Laszlo (contributor) - 2007

Unemployment Insurance Savings Accounts (UISAs) entitle workers to unemployment benefits at the expense of future pension payments. Therefore, such accounts make unemployment less attractive, intensify job search, and raise employment. In the present paper the wage and employment consequences of...

Persistent link: https://www.econbiz.de/10003578895

A positive theory of the earnings relationship of unemployment benefits

Goerke, Laszlo (contributor); Pannenberg, Markus (contributor) - 2007

Evidently, the benefit-structure of the unemployment insurance has a significant influence on profits and trade union utility. We show for a wage bargaining model that a stronger earnings relationship of unemployment benefits may reduce wages and increase employment. This raises the question as...

Persistent link: https://www.econbiz.de/10003539357

A simple theory of optimal redistributive taxation with equilibrium unemployment

Hungerbühler, Mathias; Lehmann, Etienne; Parmentier, Alexis - 2010

, agents are endowed with different skill levels and labor markets are perfectly segmented by skill. The government only … observes negotiated wages. More progressive taxation leads to wage moderation that boosts labor demand. We design the optimal … nonlinear redistributive tax schedule in the absence of welfare benefits and extensive labor supply margin. Compared to their …

Persistent link: https://www.econbiz.de/10003944297