Fiscal policy and minimum wage for redistribution: an equivalence result
Arantza Gorostiaga () and
Rubio-Ramírez Juan F. ()
Additional contact information Rubio-Ramírez Juan F.: Duke University and Federal Reserve Bank of Atlanta
Abstract:
In this paper we derive conditions under which a minimum wage law combined with anonymous taxes and transfers and an agent-specific tax-transfer scheme are equivalent redistribution policies.
More articles in Economics Bulletin from Economics Bulletin Address: Economics Bulletin, Department of Economics, 414 Calhoun Hall, Vanderbilt University, Nashville TN 37235, USA Series data maintained by John Conley ().
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