Lehmann, Etienne; Parmentier, Alexis; Van der Linden, Bruno - 2021
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 … is increasing, marginal tax rates are positive everywhere, while wages, unemployment rates and participation rates are …