Fiscal policy and minimum wage for redistribution: an equivalence result
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 policies.
File(s): File format is application/pdf http://www.frbatlanta.org/filelegacydocs/wp0508.pdf
Provider: Federal Reserve Bank of Atlanta
Part of Series: FRB Atlanta Working Paper
Publication Date: 2005