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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP4936 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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