FAIR WAGES, INVOLUNTARY UNEMPLOYMENT AND TAX POLICIES IN THE SIMPLE GENERAL EQUILIBRIUM-MODEL
成果类型:
Article
署名作者:
AGELL, J; LUNDBORG, P
刊物名称:
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN:
0047-2727
DOI:
10.1016/0047-2727(92)90031-A
发表日期:
1992
页码:
299-320
关键词:
摘要:
We specify a two-sector general equilibrium model with fair wages and involuntary unemployment. In determining the fair wage, workers care not only about relative wages but also about the functional distribution of income, i.e. the wage-rental rate. With the general equilibrium cum fair wage model, we discuss the effects of tax policy and unemployment benefits on involuntary unemployment and resource allocation, and re-examine classical results on tax incidence. Among other things, we show that any tax policy that raises the wage-rental rate, like a general capital tax, lowers unemployment.
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