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Payroll Taxes, Wealth and Employment in Neoclassical Theory: Neutrality or Non-neutrality?

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  • Hian Teck Hoon

    (School of Economics, Singapore Management University)

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  • Hian Teck Hoon, 2009. "Payroll Taxes, Wealth and Employment in Neoclassical Theory: Neutrality or Non-neutrality?," Working Papers 08-2009, Singapore Management University, School of Economics.
  • Handle: RePEc:siu:wpaper:08-2009
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    File URL: https://mercury.smu.edu.sg/rsrchpubupload/15294/PayrollTaxeswealthemployment-merged.pdf
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    References listed on IDEAS

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    1. Benhabib, Jess & Rogerson, Richard & Wright, Randall, 1991. "Homework in Macroeconomics: Household Production and Aggregate Fluctuations," Journal of Political Economy, University of Chicago Press, vol. 99(6), pages 1166-1187, December.
    2. Edward C. Prescott, 2004. "Why do Americans work so much more than Europeans?," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 28(Jul), pages 2-13.
    3. Giulia Faggio & Stephen Nickell, 2007. "Patterns of Work Across the OECD," Economic Journal, Royal Economic Society, vol. 117(521), pages 416-440, June.
    4. Marco Bianchi & Bjorn R. Gudmundsson & Gylfi Zoega, 2001. "Iceland's Natural Experiment in Supply-Side Economics," American Economic Review, American Economic Association, vol. 91(5), pages 1564-1579, December.
    5. Obstfeld,Maurice & Taylor,Alan M., 2005. "Global Capital Markets," Cambridge Books, Cambridge University Press, number 9780521671798.
    6. Weil, Philippe, 1989. "Overlapping families of infinitely-lived agents," Journal of Public Economics, Elsevier, vol. 38(2), pages 183-198, March.
    7. Irving B. Kravis & Robert E. Lipsey, 1982. "Towards an Explanation of National Price Levels," NBER Working Papers 1034, National Bureau of Economic Research, Inc.
    8. Obstfeld, Maurice, 1989. "Fiscal deficits and relative prices in a growing world economy," Journal of Monetary Economics, Elsevier, vol. 23(3), pages 461-484, May.
    9. Blanchard, Olivier J, 1985. "Debt, Deficits, and Finite Horizons," Journal of Political Economy, University of Chicago Press, vol. 93(2), pages 223-247, April.
    10. Obstfeld,Maurice & Taylor,Alan M., 2004. "Global Capital Markets," Cambridge Books, Cambridge University Press, number 9780521633178.
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    Cited by:

    1. Hoon Hian Teck, 2010. "Macroeconomic Effects of Over-Investment in Housing in an Aggregative Model of Economic Activity," Capitalism and Society, De Gruyter, vol. 5(2), pages 1-27, October.
    2. Edmund S. Phelps, 2010. "Makroekonomia dla nowoczesnej gospodarki," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 3, pages 79-109.

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