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Redundancy Pay and Collective Dismissals | Redundancy payments for collective dismissals are incorporated into a
Shapiro-Stiglitz model of efficiency wages. It is shown that a fixed payment
will lower wages, leave employment and (...) | ![](/img/spacer.gif) | Tax Progressivity and Tax Evasion | More progressive income taxes raise employment in models of imperfectly competitive labour markets. However, this prediction is not robust to modifications of the analytical structure. For example, (...) | |
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