Wage setting and tax progressivity in dynamic general equilibrium
This paper concerns the implications of progressive labor income taxation for wage determination in dynamic general equilibrium. The main purpose is to analyze the general equilibrium effects of increased tax progressivity in terms of the responses in the real wage rate, employment, the capital stock, output and consumption. Among the results, we find that increased tax progressivity increases the real wage rate and decreases employment under both union and competitive wage formation. Copyright 2002, Oxford University Press.
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 54 (2002)
Issue (Month): 3 (July)
|Contact details of provider:|| Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK|
Fax: 01865 267 985
Web page: http://oep.oupjournals.org/
|Order Information:||Web: http://www.oup.co.uk/journals|