G2TT
来源类型Discussion paper
规范类型论文
来源IDDP4936
DP4936 A Simple Model of Economic Geography à la Helpman-Tabuchi
Jacques-François Thisse; Yasusada Murata
发表日期2005-02-23
出版年2005
语种英语
摘要In the presence of Walrasian labour markets, social policies harm hours worked, employment and output. In non-Walrasian labour markets with trade unions, efficiency wages and/or costly search and mismatch progressive taxation and corporatism induce wage moderation and boost employment and output. Although unconditional unemployment benefits destroy jobs, conditional benefits spur job growth. In a second-best world the usual effects of social policies are thus overturned. In addition, the incidence of taxation and the effects of tax progression depend crucially on the specific features of the welfare state, e.g., whether benefits are indexed to after-tax wages or not and unemployed people share fully in the tax burden or not. In a full political-economic equilibrium a more equitable distribution of income and assets leads to a more affluent median voter who votes for less 'populist' policies. Hence, employment and economic growth are higher and inflation lower.
主题Public Economics
关键词Social policies Redistribution Conditional unemployment benefits Non-walrasian labour markets Second best Employment Growth Politics
URLhttps://cepr.org/publications/dp4936
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/533837
推荐引用方式
GB/T 7714
Jacques-François Thisse,Yasusada Murata. DP4936 A Simple Model of Economic Geography à la Helpman-Tabuchi. 2005.
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