Minimum Wage and Capital Taxes

被引:0
|
作者
Chao, Chi-Chur [1 ]
Yu, Eden Siu Hung [2 ]
机构
[1] Deakin Univ, Grad Sch Business, Geelong, Vic 3217, Australia
[2] Chu Hai Coll, Fac Commerce, Hong Kong, Hong Kong, Peoples R China
关键词
PURE THEORY; UNEMPLOYMENT; WELFARE; RATES;
D O I
10.1111/rode.12078
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
Using a general equilibrium model, this paper examines the employment and welfare effects of minimum wages coupled with capital taxes in a small open economy. The individual and joint optimal policies for a minimum wage and capital taxes are derived and explained. Specifically, policy reform to introduce a minimum wage while lowering the capital tax can be justified for some economies, notably, Hong Kong.
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页码:195 / 202
页数:8
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