The effect of taxes on labour in efficiency wage models: A comment

• 成果类型: Editorial Material
• 署名作者: Carter, TJ
• 署名单位: University of Oklahoma System; University of Oklahoma Health Sciences Center
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• 发表日期: 1999
• 页码: 325-327
• 关键词: efficiency wages; labor market policies

摘要

This comment shows that some of Pisauro's (Journal of Public Economics, 1991, 46, 329-345) reported results hold only if the unemployment rate exceeds 50%. If it does not, specific labor taxes reduce wages. Also, output falls when employment rises, all else equal, and minimum wage laws raise output. (C) 1999 Elsevier Science S.A. All rights reserved.