show that the progressive labor tax can partially substitute for the redistribution in social security, thus reducing the …

While it is now generally accepted that some redistribution of economic power is a legitimate goal of government, there … is no consensus as to the type of redistribution that should be pursued. In the absence of a clear redistributive goal … article, we examine alternative models of redistribution and advocate a preferred model, namely, redistribution to promote …

unemployment. If the jobs performed by domestic workers can be easily substituted by imports, then globalization reduces wages and … increases unemployment. In this situation, in the absence of any government intervention globalization not only reduces the … welfare of workers but could reduce social welfare as well. Both unemployment benefits and severance payments can protect …

with less perverse effect on unemployment. Time inconsistency is more likely due to lack of credibility than to the short … between government and social partners. -- unemployment ; inequality ; wage rigidity ; time inconsistency …