• Graduate program
    • Why Tinbergen Institute?
    • Program Structure
    • Courses
    • Course Registration
    • Facilities
    • Admissions
    • Recent PhD Placements
  • Research
  • News
  • Events
    • Summer School
      • Behavioral Macro and Complexity
      • Econometrics and Data Science Methods for Business and Economics and Finance
      • Experimenting with Communication – A Hands-on Summer School
      • Inequalities in Health and Healthcare
      • Introduction in Genome-Wide Data Analysis
      • Research on Productivity, Trade, and Growth
      • Summer School Business Data Science Program
    • Events Calendar
    • Tinbergen Institute Lectures
    • Annual Tinbergen Institute Conference
    • Events Archive
  • Summer School
  • Alumni
  • Times
Home | Events Archive | Taxation, Redistribution and Frictional Labor Supply
Seminar

Taxation, Redistribution and Frictional Labor Supply


  • Series
  • Speaker(s)
    Hakki Yazici (University of Bristol, United Kingdom)
  • Field
    Macroeconomics
  • Location
    Tinbergen Institute Amsterdam, room 1.01
    Amsterdam
  • Date and time

    June 23, 2022
    16:00 - 17:15

Abstract: This paper analyzes taxation of labor income in frictional labor markets in which income inequality arises due to both ex-ante heterogeneity coming from productivity differentials across workers and residual wage inequality stemming from frictions. The resulting model also features involuntary unemployment, another important phenomenon faced by modern economies. Qualitatively, we find that frictions are a force for lower taxes. Quantitatively, the model calibrated to the U.S. economy shows that the effect of frictions on optimal taxes can be quite significant.