To the layperson, the upward trend in European unemployment is related to the slowdown in economic growth. We argue … that the layperson’s view is correct. The increase in European unemployment and the slowdown in economic growth are related …, and thus creates unemployment. Second, as firms substitute capital for labour, the marginal product of capital falls; over …

We develop a simple model to study how relative wage rigidity affects equilibrium taxation. It is argued that relative …, people vote first on wage rigidity and second on redistributive taxation. The rigid society has a lower tax rate than the …

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment; and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterized by economic …

The incidence of taxation and the design of an optimal tax system have been extensively discussed in the public finance … differentiated product oligopoly, the effect of taxation can be more complex as the rate of taxation may affect not only the prices …

The central question in taxation and development is: "how does a government go from raising around 10% of GDP in taxes …