Lingens, Jörg; Wälde, Klaus - Department of Economics, Adam Smith Business School - 2007
realistic parameter constellations when taxes are reduced only for low-income workers. … workers.
Keywords: Inequality, Unemployment, Taxation, Policy reform
JEL classification numbers: J380, J510, H230, E600
1 … uncertainty would require 100%
insurance under risk aversion unless there is moral hazard), on efficiency arguments (less
inequality …