educational type with high consumption value and low effort costs. This increases the skill mismatch and aggregate unemployment in …

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 …

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 …

non-market activities. Search-matching frictions on the labor markets create unemployment. Wages, labor demand and … ; adverse selection ; random participation ; unemployment ; labor market frictions …

market generate unemployment. Workers differ in productivity. The government does not observe workers' productivity but only …

We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model … robustness of these properties is also discussed. -- Optimal income taxation ; unemployment ; matching … efficient values, at the optimum gross wages and unemployment are lower. Average tax rates are moreover increasing in wages. The …

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 …

non-market activities. Search-matching frictions on the labor markets create unemployment. Wages, labor demand and …

This paper studies optimal income taxation in an environment where matching frictions generate a trade-off for workers … between high wages and low unemployment risk. A higher marginal tax rate shifts the trade-off in favor of low unemployment … risk, whereas a higher tax burden or unemployment benefit has the opposite effect. Changes in unemployment generate fiscal …

This paper studies optimal income taxation in an environment where matching frictions generate a trade-off for workers … between high wages and low unemployment risk. A higher marginal tax rate shifts the trade-off in favor of low unemployment … risk, whereas a higher tax burden or unemployment benefit has the opposite effect. Changes in unemployment generate fiscal …