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    題名: Progressive Tax and Inequality in a Unionized Economy
    作者: Chun‐chieh Huang;Juin‐jen Chang;Hsiao‐wen Hung
    關鍵詞: Unionization;Progressive Taxation;Tradeoff between Inequality and Growth
    日期: 2018-08-23
    上傳時間: 2019-02-21 12:10:32 (UTC+8)
    出版者: Wiley-Blackwell
    摘要: This paper develops a heterogeneous‐agent, endogenous growth model of a unionized economy with distinct progressive tax schedules on labor and capital income. With time preference heterogeneity, the effective labor force, balanced growth, and income inequality are endogenously determined and interact with each other. A reduction in the degree of progressive labor tax yields “a double‐dividend” in terms of reducing income inequality and boosting economic growth, while capital income progressivity displays the usual growth‐inequality tradeoff. Particularly, the double‐dividend effect becomes more pronounced when unionization is declined or trade unions become more wage‐oriented leading to the so‐called “Cheshire cat” phenomenon.
    關聯: Scandinavian Journal of Economics
    DOI: https://doi.org/10.1111/sjoe.12328
    顯示於類別:[產業經濟學系暨研究所] 期刊論文

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