We examine how tax avoidance in the form of trade in well-functioning asset markets affects the basic labor supply model. We argue that models that integrate tax arbitrage and labor supply decisions may shed light on a number of positive and normative questions concerning modern systems of...

Previous research indicates that, on average, large employers tend to provide their employees with higher wages as compared to their smaller counterparts.To better understand the reasoning behind this trend, the size effects in pay policy were examined.Questionnaires were distributed in March...