Fiscal Policy and Minimum Wage for Redistribution: An Equivalence Result
FRB of Atlanta Working Paper No. 2005-8
8 Pages Posted: 7 Jun 2005
Abstract
In this paper, we derive conditions under which a minimum-wage law ombined with anonymous taxes and transfers and an agent-specific tax-transfer scheme are equivalent policies.
Keywords: Distribution policy, minimum wage, tax-transfer scheme, equivalence result
JEL Classification: E62, H21
Suggested Citation: Suggested Citation
Gorostiaga Alonso, Arantzazu and Rubio-Ramirez, Juan Francisco, Fiscal Policy and Minimum Wage for Redistribution: An Equivalence Result. FRB of Atlanta Working Paper No. 2005-8, Available at SSRN: https://ssrn.com/abstract=738650 or http://dx.doi.org/10.2139/ssrn.738650
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