Comments on ‘The Five Economists’ Plan: the original idea and further developments’
AbstractIn this paper Peter Dawkins argues for the "wage-tax trade-off" proposed by the "Five Economists" as part of their policy package for reducing unemployment. As he explains, the trade-off involves using an earned income tax credit (EITC) scheme "as a way of increasing the incomes of low-wage earners in low-income families, rather than increases in the award wages safety net". My comments will focus on the EITC component of the package, taking as an example the Lambert (2000) scheme reported in the paper. I will also concentrate on the effects of the scheme for two-parent families.
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Bibliographic InfoArticle provided by Bankwest Curtin Economics Centre (BCEC), Curtin Business School in its journal Australian Journal of Labour Economics.
Volume (Year): 5 (2002)
Issue (Month): 2 (June)
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Postal: GPO Box U1987, Perth WA 6845
Web page: http://business.curtin.edu.au/research/publications/journals/ajle/
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Wages; compensation; and labor costs: public policy Unemployment; models; duration; incidence and job search;
Other versions of this item:
- Patricia Apps & Jeff Borland, 2002. "Comment On The 'Five Economists' Plan: The Original Idea and Further Developments," CEPR Discussion Papers 451, Centre for Economic Policy Research, Research School of Economics, Australian National University.
- J38 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Public Policy
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
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