Fiscal Policy and Minimum Wage for Redistribution: An Equivalence Result

FRB of Atlanta Working Paper No. 2005-8

8 Pages Posted: 7 Jun 2005

See all articles by Arantza Gorostiaga

Arantza Gorostiaga

University of the Basque Country

Juan Francisco Rubio-Ramirez

Federal Reserve Bank of Atlanta - Research Department

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

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

Arantzazu Gorostiaga Alonso

University of the Basque Country ( email )

Barrio Sarriena s/n
Leioa, Bizkaia 48940
Spain

Juan Francisco Rubio-Ramirez (Contact Author)

Federal Reserve Bank of Atlanta - Research Department ( email )

1000 Peachtree Street, NE
Atlanta, GA 30309-4470
United States
404-498-8057 (Phone)
404-498-8956 (Fax)

HOME PAGE: http://www.econ.umn.edu/~rubio

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