THE IMPACT OF BENEFIT AND TAX REFORMS ON ESTONIAN LABOR MARKET IN A GENERAL EQUILIBRIUM FRAMEWORK

Marit Hinnosaar

No 31, University of Tartu - Faculty of Economics and Business Administration Working Paper Series from Faculty of Economics and Business Administration, University of Tartu (Estonia)

Abstract: In the paper the impact of changes in social benefits and taxes on Estonian labor market will be analysed using a simple computable general equilibrium model. The model used in the paper is from Bovenberg et al. (2000), with the addition of an efficiency wage part based on Shapiro and Stiglitz (1984). The model integrates union bargaining and efficiency wage theory into a traditional CGE model framework.

Keywords: computable general equilibrium models; unemployment; low-skilled labor; benefits; taxes (search for similar items in EconPapers)
JEL-codes: D58 E62 J32 J50 (search for similar items in EconPapers)
Pages: 48 pages
Date: 2004
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:mtk:febawb:31

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