Showing 1 - 7 of 7
Minimum wage legislation is a standard policy tool in most countries. However, the overall merits of minimum wage are controversial due to its potential adverse effects on unemployment. In this paper we construct a simple model in which minimum wage plays an important re-distributive role,...
Persistent link: https://www.econbiz.de/10011402694
In this paper we provide a novel justification for the use of minimum wage rules to supplement the optimal tax-and-transfer system. We demonstrate that if labor supply decisions are concentrated along the intensive margin and employment is efficiently rationed, a minimum wage rule can be...
Persistent link: https://www.econbiz.de/10010337632
In this paper, we challenge the conventional wisdom that due to the negative correlation between family size and earning ability, family size can be used as a 'tagging' device, and calls for subsidizing children (via child allowances) to enhance egalitarian objectives. We show that the case for...
Persistent link: https://www.econbiz.de/10003940106
In this paper we extend the zero tax at the top result obtained in the closed economy case with bounded skill distributions for the case of unbounded skill distributions in the presence of international labor mobility and tax competition. We show that in the equilibrium for the tax competition...
Persistent link: https://www.econbiz.de/10009540110
In this paper we employ a tax-competition model to demonstrate that in the presence of migration the re-distributive advantage of a non-linear income tax system over a linear (flat) one is significantly mitigated relative to the autarky (no-migration) equilibrium. When migration threats are...
Persistent link: https://www.econbiz.de/10009130229
The idea of proportional representation has been circulating for over two hundred years and is widely practiced, among other, in post-war Europe. The primary focus is to allow smaller parties, minorities and other disenfranchised groups in society systematic representation in the national...
Persistent link: https://www.econbiz.de/10012310545
This paper focuses on the role of institutions in poverty alleviation, where both poverty and institutions are … interpreted broadly. The broadening of the poverty notion is important at least from the policy perspective. Even if one were … convinced that higher growth would reduce income poverty to an acceptable margin, there appears to be little concrete policy …
Persistent link: https://www.econbiz.de/10011400868