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Zodrow and Mieszkowski (1986) are not preserved in the presence of unemployment. In the present paper we challenge this view … preserved. -- capital tax competition ; unemployment ; efficient bargains …
Persistent link: https://www.econbiz.de/10003979376
Zodrow and Mieszkowski (1986) are not preserved in the presence of unemployment. In the present paper we challenge this view …
Persistent link: https://www.econbiz.de/10013141502
involuntary unemployment and by allowing for labour taxation as a second source of public funds. For a large class of production …
Persistent link: https://www.econbiz.de/10010270557
Zodrow and Mieszkowski (1986) are not preserved in the presence of unemployment. In the present paper we challenge this view …
Persistent link: https://www.econbiz.de/10008534013
that labour markets clear competitively. At least for Europe, which has been suffering from high unemployment for a long … unemployment which results from the union-firm wage bargaining both with optimal and restricted profit taxation when capital is … the private sector playing a Nash game. The main conclusion is that in the presence of unemployment, the conventional …
Persistent link: https://www.econbiz.de/10013321161
that labour markets clear competitively. At least for Europe, which has been suffering from high unemployment for a long … unemployment which results from the union-firm wage bargaining both with optimal and restricted profit taxation when capital is … the private sector playing a Nash game. The main conclusion is that in the presence of unemployment, the conventional …
Persistent link: https://www.econbiz.de/10010284989
We consider the issue of steady-state optimal factor taxation in a Ramsey-type dynamic general equilibrium setting with two distinct distortions: i) taxes on capital and labour are the only available tax instruments for raising revenues, and ii) labour markets are subject to a static...
Persistent link: https://www.econbiz.de/10010295746
We consider the issue of steady-state optimal factor taxation in a Ramsey-type dynamic general equilibrium setting with two distinct distortions: i) taxes on capital and labour are the only available tax instruments for raising revenues, and ii) labour markets are subject to a static...
Persistent link: https://www.econbiz.de/10011431853
involuntary unemployment and by allowing for labour taxation as a second source of public funds. For a large class of production … ; capital and labour taxation ; involuntary unemployment ; efficient bargains …
Persistent link: https://www.econbiz.de/10003967767
The paper analyzes the optimal mix of capital and wage taxation when policymakers maximize the political support of workers and capitalists, subject to a fixed revenue requirement. Capital market integration increases the efficiency costs of a tax on capital but simultaneously changes the...
Persistent link: https://www.econbiz.de/10009623414