Similar Search Results

Monetary policy and automatic stabilizers : the role of progressive taxation

Mattesini, Fabrizio; Rossi, Lorenza - In: Journal of money, credit and banking : JMCB 44 (2012) 5, pp. 825-862

Persistent link: https://www.econbiz.de/10009576602

Productivity shocks and optimal monetary policy in a unionized labor market economy

Mattesini, Fabrizio; Rossi, Lorenza - In: The Manchester School 76 (2008) 5, pp. 578-611

Persistent link: https://www.econbiz.de/10003751484

Optimal monetary policy in economies with dual labor markets

Mattesini, Fabrizio; Rossi, Lorenza - In: Journal of economic dynamics & control 33 (2009) 7, pp. 1469-1468

Persistent link: https://www.econbiz.de/10003846782

Monetary Policy and Automatic Stabilizers: the Role of Progressive Taxation

Mattesini, Fabrizio; Rossi, Lorenza - 2010

We study the effects of progressive labor income taxation in an otherwise standard NK model. We show that progressive taxation (i) introduces a trade-off between output and inflation stabilization and affects the slope of the Phillips Curve; (ii) acts as automatic stabilizer changing the...

Persistent link: https://www.econbiz.de/10010343876