Taxes, Transfers and the Macroeconomy

Alonso-Ortiz, Jorge (2013): Taxes, Transfers and the Macroeconomy.

Abstract

Taxes and transfers are widespread institutions among middle income and high income countries. In this chapter I survey main aggregate features of such institutions and features of the labor market. To study the relation between taxes and transfers and labor market outcomes I survey some important results in the literature. The main selection criteria for this survey is the use of general equilibrium models.

• Item Type: MPRA Paper
• Language: English
• Keywords: taxes and transfers, general equilibrium, heterogeneous agents, life cy- cle, idiosyncratic risk
• Subjects: E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy > E24 - Employment ; Unemployment ; Wages ; Intergenerational Income Distribution ; Aggregate Human Capital ; Aggregate Labor Productivity; H - Public Economics > H3 - Fiscal Policies and Behavior of Economic Agents > H31 - Household; H - Public Economics > H5 - National Government Expenditures and Related Policies > H53 - Government Expenditures and Welfare Programs

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