Title of article :
Taxes, transfersandemploymentinanincompletemarketsmodel
Author/Authors :
Jorge Alonso-Ortiz، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2010
Abstract :
The consequencesofincreasesinthescaleoftaxandtransferprogramsareassessed
in thecontextofamodelwithidiosyncraticproductivityshocksandincomplete
markets.Theeffectsarecontrastedwiththoseobtainedinastand-inhouseholdmodel
featuringnoidiosyncraticshocksandcompletemarkets.Themainfindingisthatthe
impactonhoursremainsverylarge,butthewelfareconsequencesareverydifferent.
The analysisalsosuggeststhattaxandtransferpolicieshavelargeeffectsonaverage
labor productivityviaselectioneffectsonemployment
Journal title :
Journal of Monetary Economics
Journal title :
Journal of Monetary Economics
