Using a search model, I derive a formula that links the welfare gains from the minimum wage
to its effect on low-skilled labor force participation and employment. This formula shows that …

Tax policies are informed by principles developed in the tax theory and policy literature. This
Element surveys the policy lessons that emerge from optimal tax analysis since the 1970s …

This paper analyzes the interactions between redistribution and unemployment insurance
policies and their implications for the optimal design of tax-benefit systems. In a setting …

We study distributive and insurance policies in frictional labor markets where workers are
privately informed about their abilities. The combination of selection and moral hazard …

This paper characterises efficiency-enhancing taxes when job search activities generate
excessive mismatching between firms and workers. Workers can direct and modulate their …

This study offers a comprehensive exploration of unemployment, spanning short-term,
medium-term and long-term periods, highlighting the necessity for in-depth analysis and …

This paper studies redistributive transfers between inactive, unemployed and employed
agents. In a model with fully heterogeneous preferences and arbitrarily unequal skills, labor …

The paper aims to develop a balanced model for financing the system of compulsory social
insurance against unemployment based on the pre-established principles. To achieve this …

This thesis investigates the optimal provision of incentives when employment relationships
are characterised by moral hazard and individuals have relative income concerns. In …

This paper examines the effects of various labor market institutions (policies) on the welfare
of workers and employers. We consider self‐enforcing contracts between risk‐averse …