Progressive Tax and Inequality in a Unionized Economy

In this paper, we develop a heterogeneous‐agent, endogenous growth model of a unionized economy with distinct progressive tax schedules on labor and capital income. With time preference heterogeneity, the effective labor force, balanced growth, and income inequality are endogenously determined, and...

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Veröffentlicht in:	The Scandinavian journal of economics 2020-01, Vol.122 (1), p.38-80
Hauptverfasser:	Huang, Chun‐Chieh, Chang, Juin‐Jen, Hung, Hsiao‐Wen
Format:	Artikel
Sprache:	eng
Schlagworte:	Capital Economic growth Economic inequality Economic models Endogenous Growth models Heterogeneity Income inequality Labor force Labor unions Progressive taxation Progressive taxes Taxation trade‐off between inequality and growth Unionization
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