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The minimum wage puzzle in less developed countries : reconciling theory and evidence

Adam, Christopher S.; Buffie, Edward F. - 2020

We show that a dynamic general equilibrium model with efficiency wages and endogenous capital accumulation in both the formal and (non-agricultural) informal sectors can explain the full range of confounding stylized facts associated with minimum wage laws in less developed countries

Persistent link: https://www.econbiz.de/10012170119

Labor market reform options to boost employment in South Africa

Duval, Romain; Ji, Yi; Shibata, Ippei - 2021

Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the...

Persistent link: https://www.econbiz.de/10012612327

Minimum Wages and Firm Employment : Evidence from China

Huang, Yi - 2014

This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the 2000-2007 periods. Using a novel dataset of minimum wage regulations across more than 2,800 counties matched with firm-level data, we investigate both the effect of the minimum...

Persistent link: https://www.econbiz.de/10014411691

The state and your hard-earned money : a survey on moral perspectives in public finance

Mauro, Paolo - 2021

This note provides an overview of recent studies that have begun to investigate how differing moral perspectives shape attitudes toward tax and spending policies. Recent advances in evolutionary moral psychology and their application to survey-based economic analysis yield promising insights....

Persistent link: https://www.econbiz.de/10012795085

Measuring the redistributive capacity of tax policies

Vellutini, Charles; Benítez, Juan Carlos - 2021

This paper presents a novel technique to measure and compare the redistributive capacity of observed tax (or transfer) policies. The technique is based on income distribution simulations and controls for differences in pre-tax income distributions. It assumes that the only information on the...

Persistent link: https://www.econbiz.de/10012796327

Searching for the Virtues of the European Model

Saint-Paul, Gilles - 1994

redistribution through taxes and transfers …

Persistent link: https://www.econbiz.de/10014396078

Generational Accounts, Aggregate Savings, and Intergenerational Distribution

Buiter, Willem H. - 1996

redistribution associated with the government’s provision of public goods and services and with intergenerational externalities …

Persistent link: https://www.econbiz.de/10014397511

On the Measurement of Horizontal Inequity

Lambert, Peter J. - 1995

This paper makes a new attack on the old problem of measuring horizontal inequity in the income tax. Local measures of inequality of posttax income among pretax equals are proposed, which reflect alternative value judgments about the nature and magnitude of an inequity. These measures are...

Persistent link: https://www.econbiz.de/10014398202

Fiscal redistribution and social welfare

Coady, David P.; D'Angelo, Devin; Evans, Brooks - 2019

discussion of fiscal redistribution within the standard social welfare framework, which lends itself to a transparent and … practical evaluation of the extent and determinants of fiscal redistribution. Differences in fiscal redistribution are … determine the factors explaining differences in their fiscal redistribution and to discuss patterns in fiscal redistribution …

Persistent link: https://www.econbiz.de/10012009467

Reallocating public spending to reduce income inequality : can it work?

Doumbia, Djeneba; Kinda, Tidiane - 2019

Can a government reduce income inequality by changing the composition of public spending while keeping the total level of expenditure fixed? Using newly assembled data on spending composition for 83 countries across all income groups, this paper shows that reallocating spending toward social...

Persistent link: https://www.econbiz.de/10012103675