hiring of new employees rather than a decrease in separations, with direct flows out of unemployment constituting about half …

We derive a sufficient statistics optimal tax formula in a general model that incorporates unemployment and endogenous … resembles a Negative Income Tax than an Earned Income Tax Credit relative to the case where unemployment and wage responses are …

Income Tax (NIT) at the bottom of the income distribution, in the presence of unemployment and wage responses to taxation … that incorporates unemployment and endogenous wages. This formula nests a broad variety of structures of the labor market … unemployment and wage responses are not taken into account …

We derive a sufficient statistics optimal income tax formula in a general model that incorporates unemployment and … resembles a Negative Income Tax than an Earned Income Tax Credit relative to the case where unemployment and wage responses are …

We derive a sufficient statistics optimal tax formula in a general model that incorporates unemployment and endogenous … resembles a Negative Income Tax than an Earned Income Tax Credit relative to the case where unemployment and wage responses are …