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instruments are available and wages are determined endogenously in general equilibrium. We apply this result to the compensation …
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because the marginal tax rates, in general equilibrium, impact wages, and hence individual utility. The “progressivity” effect …
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because the marginal tax rates, in general equilibrium, impact wages, and hence individual utility. The "progressivity" effect …
Persistent link: https://www.econbiz.de/10012455173
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instruments are available and wages are determined endogenously in general equilibrium. We apply this result to the compensation …
Persistent link: https://www.econbiz.de/10014536858
Persistent link: https://www.econbiz.de/10009760740
firm is determined by profit maximization under the participation restriction that lowest wages meet reservation wages …. Reservation wages are endogenously determined in the institutional market economy. We give conditions guaranteeing a finite …
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