Progressive taxation as an automatic stabilizer under nominal wage rigidity and preference shocks

DOI10.1111/IJET.12305zbMath1530.91404OpenAlexW3153994741MaRDI QIDQ6074903

Miroslav Gabrovski, Jang-Ting Guo

Publication date: 19 October 2023

Published in: International Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://economics.ucr.edu/repec/ucr/wpaper/202004.pdf

zbMATH Keywords

nominal wage rigidityprogressive income taxationautomatic stabilizerpreference shocks

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Cites Work

• Indeterminacy and stabilization policy
• An Econometric Study of Hours and Output Variation with Preference Shocks

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