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In this paper we allude to a novel role played by the non-linear income tax system in the presence of adverse selection in the labor market due to asymmetric information between workers and firms. We show that an appropriate choice of the tax schedule enables the government to affect the wage...
Persistent link: https://www.econbiz.de/10010888445
the international comparison in degrees of revealed inequality aversion, but differences in social preferences are …
Persistent link: https://www.econbiz.de/10009228621