Arbeitspapier

Fiscal Policy, Economic Integration and Unemployment

Fiscal policy is examined in a model of an open economy which is characterised by unemployment caused by efficiency wages. It is shown that the conventional conclusion, according to which mobile capital is untaxed in the presence of wage taxation, is not generally valid. A positive capital tax allows to indirectly tax profits, thereby mitigating unemployment through the reduction in the effective tax burden on labour. It is argued that these policy conclusions are qualitatively unaffected by the cause of unemployment. Moreover, the welfare loss from labour market imperfections increases when tax bases become internationally mobile, which suggests an increasing relevance of domestic labour market reforms.

Sprache
Englisch

Erschienen in
Series: EPRU Working Paper Series ; No. 2002-05

Klassifikation
Wirtschaft
Thema
Finanzpolitik
Optimale Besteuerung
Kapitalertragsteuer
Arbeitslosigkeit
Effizienzlohn
Steuerwettbewerb
Kleine offene Volkswirtschaft
Wirtschaftsintegration
Theorie

Ereignis
Geistige Schöpfung
(wer)
Eggert, Wolfgang
Goerke, Laszlo
Ereignis
Veröffentlichung
(wer)
University of Copenhagen, Economic Policy Research Unit (EPRU)
(wo)
Copenhagen
(wann)
2002

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Eggert, Wolfgang
  • Goerke, Laszlo
  • University of Copenhagen, Economic Policy Research Unit (EPRU)

Entstanden

  • 2002

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