A note on capital income taxation with involuntary unemployment

Minoru Watanabe (m-watanabe@hokusei.ac.jp)
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Minoru Watanabe: Research Fellow, Graduate School of Economics, Kobe University/Hokusei Gakuen University

No 2126, Discussion Papers from Graduate School of Economics, Kobe University

Abstract: This study develops a standard overlapping generations model with imperfect labor markets. The results indicate that a higher capital income tax promotes not only economic growth but also employment if pension benefits exist.

Pages: 11 pages
Date: 2021-10
New Economics Papers: this item is included in nep-dge, nep-pbe and nep-pub
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