search query: @author Koskela, E. / total: 22
reference: 2 / 22
| Author: | Koskela, E. Schöb, R. |
| Title: | Optimal capital taxation in economies with unionized and competitive labour markets |
| Journal: | Oxford Economic Papers
2005 : OCT, VOL. 57:4, p. 717-731 |
| Index terms: | capital taxation labour markets trade unions |
| Language: | eng |
| Abstract: | According to the existing literature, capital taxes should not be imposed in the presence of optimal profit taxation in either unionized or competitive labour markets. It is shown that this conclusion does not hold for economies with dual labour markets where the competitive wage rate provides the outside option for unionized workers. Even with non-distortionary profit taxation, it is optimal for such economies to tax capital if the revenue share of capital in the unionized sector is lower than in the competitive sector. |
SCIMA