Classical economics envisaged to reach the subsistence level of wages in the long term. Keynes, however, argued that it … would be sticky downward wages with trade union activities. Since the 1930s, governments have begun to phase out the laws of … the minimum wage to support employees' income levels. Thus, the minimum wage has emerged as a wage stickiness. Although …

This study aims at computing effective tax rates on consumption, household income, labour income and capital income for …) using national income accounts and tax revenue statistics for the 1980 - 2006 period. Computation results, obtained from … a rising tendency in the tax burden on consumption and a falling tendency in the tax burden on household income. This …

, regardless of the specification and estimation techniques employed, suggest that the models can partly explain the developments …