Schlagwort: Employment
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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 (...)
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, (...)