Minimum Wage Policy with Optimal Taxes and Unemployment

This paper sheds new light on the desirability of the minimum wage in the presence of an optimal nonlinear income tax. Using a search-and-matching framework, I derive a novel condition that links the desirability of the minimum wage to three sufficient statistics: (1) the macro or general equilibriu...

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Bibliographic details
Main Author: Lavecchia, Adam M
Format: eBook
Language: English
Place of publication: University of Ottawa Department of Economics 01.01.2018
University of Alberta Faculty of Arts Department of Economics
Data of publication: 20180101
Series: Working Paper
Online Access: available in Bonn?
Database: desLibris - Documents
Database information Databases - DBIS