Article
The effect of taxes on labour in efficiency wage models: A comment.
USF St. Petersburg campus Faculty Publications
Document Type
Article
Publication Date
1999
Disciplines
Abstract
This comment shows that some of Pisauro’s (Journal of Public Economics, 1991, 46, 329–345) reported results hold only if the unemployment rate exceeds 50%. If it does not, specific labor taxes reduce wages. Also, output falls when employment rises, all else equal, and minimum wage laws raise output.
Publisher
Elsevier
Creative Commons License
Creative Commons Attribution-Noncommercial-No Derivative Works 4.0
Citation Information
Carter, T. J. (1999). The effect of taxes on labour in efficiency wage models: A comment. Journal of Public Economics, 72(2), 325-327.
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