Another explanation for nominal wage rigidities: Uncertain marginal wage taxes.
- Resource Type
- Article
- Authors
- Ramagopal, K.
- Source
- Journal of Economics & Business. May94, Vol. 46 Issue 2, p89. 12p.
- Subject
- *WAGE taxation
- Language
- ISSN
- 0148-6195
Explores the implications of marginal wage tax rate uncertainty for wage flexibility. History of revisions of American wage tax laws; Context of a model of monopolistic competition in product markets; Effect of increase in tax rate variability on wage rigidity and optimal degree of progressivity.