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Fiscal policy and minimum wage for redistribution: an equivalence result

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Author Info
Arantza Gorostiaga () (Universidad del País Vasco)
Rubio-Ramírez Juan F. () (Duke University and Federal Reserve Bank of Atlanta)

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Abstract

In this paper we derive conditions under which a minimum wage law combined with anonymous taxes and transfers and an agent-specific tax-transfer scheme are equivalent redistribution policies.

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File URL: http://economicsbulletin.vanderbilt.edu/2008/volume5/EB-07E60012A.pdf
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.

Volume (Year): 5 (2008)
Issue (Month): 11 ()
Pages: 1-8
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Handle: RePEc:ebl:ecbull:v:5:y:2008:i:11:p:1-8

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Related research
Keywords: equivalence result; minimum wage; redistribution policy; tax-transfer scheme;

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Find related papers by JEL classification:
E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
H2 - Public Economics - - Taxation, Subsidies, and Revenue

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Arantza Gorostiaga & Juan Francisco Rubio-Ramírez, 2004. "Optimal minimum wage in a competitive economy," Working Paper 2004-30, Federal Reserve Bank of Atlanta. [Downloadable!]
    Other versions:
  2. Allen, Stephen P, 1987. "Taxes, Redistribution, and the Minimum Wage: A Theoretical Analysis," The Quarterly Journal of Economics, MIT Press, vol. 102(3), pages 477-89, August. [Downloadable!] (restricted)
  3. Gorostiaga, Arantza & Rubio-Ramirez, Juan F., 2007. "Optimal minimum wage in a competitive economy: An alternative modelling approach," Economic Modelling, Elsevier, vol. 24(5), pages 778-796, September. [Downloadable!] (restricted)
  4. Guesnerie, Roger & Roberts, Kevin, 1987. "Minimum wage legislation as a second best policy," European Economic Review, Elsevier, vol. 31(1-2), pages 490-498. [Downloadable!] (restricted)
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Statistics
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This page was last updated on 2009-11-16.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.