As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. Learn more about membership...
Labour and Product Market Reforms in the Economy with Distortionary Taxation
The authors extend a previous model by including the effects of another inevitable source of imperfections: distortionary taxation - not only the most likely candidate for reform, but also the most likely instrument for financing the restructuring process.
Link
http://www.cepr.org/pubs/dps/DP5431.asp