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Discussion Paper Details
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Full Details
Title: Optimal Labour Taxation and Search
Author(s): Jan Boone and A Lans Bovenberg
Publication Date: October 2001
Keyword(s): labour market, optimal tax system and search model
Programme Area(s): Labour Economics and Public Economics
Abstract: This Paper explores the optimal role of the tax system in alleviating labour-market imperfections and raising revenue. For this purpose, the standard search model of the labour market is extended by introducing scarce entrepreneurial talent and arbitrage between the supply and demand. We study how these extensions affect the following two major implications of the standard model: (1) only the ad valorem component of the wage tax should be employed to raise revenue; (2) the optimal tax system should not distort labour-market tightness.
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Bibliographic Reference
Boone, J and Bovenberg, A. 2001. 'Optimal Labour Taxation and Search'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=3002