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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3049 |
DP3049 Equilibrium and Welfare in Markets with Financially Constrained Arbitrageurs | |
Denis Gromb; Dimitri Vayanos | |
发表日期 | 2001-11-01 |
出版年 | 2001 |
语种 | 英语 |
摘要 | This Paper explores the optimal role of the tax system in alleviating labour-market imperfections and raising revenue. For this purpose, the standard search model of the labour market is extended by introducing scarce entrepreneurial talent and arbitrage between the supply and demand. We study how these extensions affect the following two major implications of the standard model: (1) only the ad valorem component of the wage tax should be employed to raise revenue; (2) the optimal tax system should not distort labour-market tightness. |
主题 | Labour Economics ; Public Economics |
关键词 | Labour market Optimal tax system Search model |
URL | https://cepr.org/publications/dp3049 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532080 |
推荐引用方式 GB/T 7714 | Denis Gromb,Dimitri Vayanos. DP3049 Equilibrium and Welfare in Markets with Financially Constrained Arbitrageurs. 2001. |
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