The effect of taxes on labour in efficiency wage models: A comment.

Thomas J. Carter

The effect of taxes on labour in efficiency wage models: A comment.

University of South Florida

Research output: Contribution to journal › Article › peer-review

Abstract

This comment shows that some of Pisauro’s (Journal of Public Economics, 1991, 46, 329–345) reported results hold only if the unemployment rate exceeds 50%. If it does not, specific labor taxes reduce wages. Also, output falls when employment rises, all else equal, and minimum wage laws raise output.

Original language	American English
Journal	Default journal
State	Published - Jan 1 1999

Keywords

Efficiency wages, Labor market policies

Disciplines

Business

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The effect of taxes on labour in efficiency wage models: A comment.

Abstract

Keywords

Disciplines

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