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Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook x Public Economics x Labour and Demographic Economics x clear all

Fiscal Policy in an Unemployment Crisis

Pontus Rendahl.

in The Review of Economic Studies

July 2016; p ublished online February 2016 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Prices, Business Fluctuations, and Cycles; Mobility, Unemployment, and Vacancies; Fiscal Policies and Behaviour of Economic Agents. 15535 words.

This article shows that equilibrium unemployment dynamics can significantly increase the efficacy of fiscal policy. In response to a shock that brings the economy into a liquidity trap, an...

Optimal Taxation with Rent-Seeking

Casey Rothschild and Florian Scheuer.

in The Review of Economic Studies

July 2016; p ublished online March 2016 .

Journal Article. Subjects: Microeconomics; General Equilibrium and Disequilibrium; Welfare Economics; Information, Knowledge, and Uncertainy; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Taxation, Subsidies, and Revenue; Demand and Supply of Labour; Wages, Compensation, and Labour Costs. 17279 words.

We develop a framework for optimal taxation when agents can earn their income both in traditional activities, where private and social products coincide, and in rent-seeking activities,...

Taxation and Household Labour Supply

Nezih Guner, Remzi Kaygusuz and Gustavo Ventura.

in The Review of Economic Studies

July 2012; p ublished online December 2011 .

Journal Article. Subjects: Demand and Supply of Labour; Demographic Economics; Fiscal Policies and Behaviour of Economic Agents; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 18130 words.

We evaluate reforms to the U.S. tax system in a life cycle set-up with heterogeneous married and single households and with an operative extensive margin in labour supply. We restrict our...

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Taxation and Labour Supply of Married Couples across Countries: A Macroeconomic Analysis

Alexander Bick and Nicola Fuchs-Schündeln.

in The Review of Economic Studies

July 2018; p ublished online October 2017 .

Journal Article. Subjects: Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Taxation, Subsidies, and Revenue; Fiscal Policies and Behaviour of Economic Agents; Demographic Economics; Demand and Supply of Labour. 19064 words.

Abstract

We document contemporaneous differences in the aggregate labour supply of married couples across seventeen European countries and the U.S. Based on a...

The UK’s Coalition government and heterodox economics

Michael Ellman.

in Cambridge Journal of Economics

September 2015; p ublished online August 2015 .

Journal Article. Subjects: Economic Methodology; Wages, Compensation, and Labour Costs; National Budget, Deficit, and Debt; General Aggregative Models; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook; Public Economics. 4683 words.

The UK Coalition government’s economic policy was primarily aimed at reducing the large fiscal deficit that it inherited, mainly by cutting expenditure. This was considered irrational by...