Showing 51 - 60 of 646,723
The Great Recession, which was preceded by the financial crisis, resulted in higher unemployment and inequality. We propose a simple model where firms producing varieties face labor-market frictions and credit constraints. In the model, tighter credit leads to lower output, lower number of...
Persistent link: https://www.econbiz.de/10011494040
Persistent link: https://www.econbiz.de/10010496515
Persistent link: https://www.econbiz.de/10013166372
Persistent link: https://www.econbiz.de/10013169425
Persistent link: https://www.econbiz.de/10012804906
Persistent link: https://www.econbiz.de/10012514424
Persistent link: https://www.econbiz.de/10012515780
Persistent link: https://www.econbiz.de/10012650119
Persistent link: https://www.econbiz.de/10012581738
This paper is concerned with cross-dependencies between endogenous market structure and tax policy. We extend the Mirrlees (1971) model of income taxation with a monopolistic competition framework with general additively separable consumer preferences. We show that price and variety distortions...
Persistent link: https://www.econbiz.de/10012622731