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Browsing ADEMU Working Papers Series by Subject "Wage disruption"

Browsing ADEMU Working Papers Series by Subject "Wage disruption"

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  • Tsyvinski, Aleh; Werquin, Nicolas (2018-07)
    We generalize the classic concept of compensating variation and the welfare compensation principle to a general equilibrium environment with distortionary taxes. We derive in closed-form the solution to the problem of ...

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