Download or read book The Implications of Costly Wage and Price Adjustment with an Application to Tax Based Incomes Policies written by Mark Jeffrey Kuperberg and published by . This book was released on 1981 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Excess Wages Tax written by Mr.S. Nuri Erbas and published by International Monetary Fund. This book was released on 1995-02-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excess wages tax (EWT) is a tax-based incomes policy instrument introduced in many centrally-planned economies and still used in some FSU and Eastern European countries in transition. The main macroeconomic goal of EWT is to curb inflationary pressures by penalizing through taxation the “excessive” wage awards granted by enterprises in the course of wage and price liberalization. In this paper, effects of EWT on the behavior of a profit-maximizing enterprise under monopsony, its incidence on wages and profits, and its impact on inflation are analyzed. The effect of EWT on an enterprise that maximizes workers’ income is also examined with some observations on EWT’s impact on managerial behavior. Finally, recent experience with EWT is assessed and compared to that suggested by the model.

Download or read book Incomes Policies in the Wider Context written by Felix Paukert and published by International Labour Organization. This book was released on 1992 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book looks at how developing countries have had increasing difficulties, especially since the 1970s, in coping with inflation, in balancing efficiency and equity in wage policies, and in achieving economic growth and income distribution through appropriate taxation and expenditure programmes.

Download or read book Incentive based Incomes Policies written by David C. Colander and published by . This book was released on 1986 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Effects of Incomes Policies on the Frequency and Size of Wage Changes written by John H. Pencavel and published by . This book was released on 1981 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Along with house rents, wages have frequently been described as the "stickiest" prices in the economy, rarely adjusted more than once a year. Because of this stickiness (which arises from the transactions costs involved in changing wages), a distinction exists between the adjustment of wages and the size of that adjustment. This distinction has important implications for empirical investigations of the determinants of aggregate money wage changes because the equations fitted in these studies are almost invariably plagued with aggregation bias unless the non-synchronous pattern of wage settlements in different sectors of the economy is taken into account. This is a particularly relevant issue when evaluating the effectiveness of incomes policies since some policies have operated by postponing the implementation of new wage settlements (in which case they are directed towards the occurrence of the event) while other policies have taken the form of specifying a permissible ceiling on wage increases (in which case they are designed to affect the extent of occurrence of the event, but not its occurrence). One purpose of this paper is to reevaluate the effectiveness of incomes policies by making use of information from one industry both on the frequency of wage settlements and on the size of wage changes when a settlement takes place. Our empirical work leads us to conjecture whether the apparent "statistical significance" reported by researchers with respect to the performance of variables in models of aggregate wage changes reflects primarily the effects of these variables on the probability of wages being adjusted rather than the effects on the magnitude of wage changes conditional upon wages being adjusted

Download or read book Price and Wage Control written by United States. Congress. Joint Economic Committee and published by . This book was released on 1973 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of Wage Controls written by K. Holden and published by Houndmills, Basingstoke, Hampshire : Macmillan. This book was released on 1987 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Real Effects of Tax based Income Policies written by Richard Jackman and published by . This book was released on 1989 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Effect of Direct Taxes on Wages written by Yehuda Kotowitz and published by Anti-inflation Board. This book was released on 1979 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Tax based Incomes Policies written by Jack Carr and published by . This book was released on 1982 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Taxation of Inflation written by Mr. Damien Capelle and published by International Monetary Fund. This book was released on 2023-12-08 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: When inflation originates from distributional conflicts, shifts in inflation expectations, or energy price shocks, monetary policy (MP) is a costly stabilization instrument. We show that a tax on inflation policy (TIP), which would require firms to pay a tax proportional to the increase in their prices, would effectively correct externalities in firms’ pricing decisions, tackle excessive inflation and reduce output volatility, without exacerbating price distortions. While proposals from the 1970s saw TIP as a substitute to MP, we find that it is a complement, with TIP addressing markups and inflation expectation shocks, and MP addressing demand shocks.

Download or read book Essays on Prices and Information written by Stephen Richard Blough and published by . This book was released on 1987 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Effect of a Tax based Incomes Policy on Wages and Employment written by Judy Ann Wachtenheim and published by . This book was released on 1982 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Tax Policy and Inclusive Growth written by Khaled Abdel-Kader and published by INTERNATIONAL MONETARY FUND. This book was released on 2020-12-04 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the theory and practice of tax design to achieve an efficient and equitable outcome, i.e. in support of inclusive growth. It starts with a discussion of the key principles from tax theory to guide practical tax design. Then, it elaborates on more granular tax policy, discussing key choices in the structure of the personal income tax on labor and capital income, taxes on wealth, the corporate income tax, and consumption taxes. The paper concludes by highlighting the political economy considerations of the issues with concrete recommedtions as to how to implement tax reform.

Download or read book Cost of Living Wage Adjustments in Collective Bargaining written by United States. Bureau of Labor Statistics and published by . This book was released on 1951 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book American Doctoral Dissertations written by and published by . This book was released on 1999 with total page 848 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Tax based Incomes Policies and the Long run Inflation unemployment Trade off written by Christopher A. Pissarides and published by . This book was released on 1983 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: