Arbeitspapier

Optimal Taxation in Search Equilibrium with Home Production

The paper develops a two-sector general equilibrium search model where goods are produced exclusively in the market and services are produced both in the market and within the households. We use the model to examine how unemployment and welfare are affected by labor taxes in general and sectoral tax differentiation in particular. We find that a tax cut on services reduces unemployment whereas a tax cut on goods has no effect. A reform involving tax differentiation, with lower taxes on services, is welfare improving. Numerical calibrations of the model suggest that the welfare gains from tax differentiation are large if the government absorbs a substantial fraction of GDP.

Sprache
Englisch

Erschienen in
Series: Working Paper ; No. 2001:19

Klassifikation
Wirtschaft
Taxation and Subsidies: Efficiency; Optimal Taxation
Time Allocation and Labor Supply
Labor Contracts
Unemployment: Models, Duration, Incidence, and Job Search
Thema
Taxation
Home production
Search
Unemployment
Optimale Besteuerung
Verbrauchsteuer
Arbeitsplatzsuchmodell
Theorie der Arbeitslosigkeit
Mehr-Sektoren-Modell
Haushaltsproduktion
Allgemeines Gleichgewicht
Theorie

Ereignis
Geistige Schöpfung
(wer)
Engström, Per
Holmlund, Bertil
Kolm, Ann-Sofie
Ereignis
Veröffentlichung
(wer)
Uppsala University, Department of Economics
(wo)
Uppsala
(wann)
2001

Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Engström, Per
  • Holmlund, Bertil
  • Kolm, Ann-Sofie
  • Uppsala University, Department of Economics

Entstanden

  • 2001

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