Now showing items 1-5 of 5

    • Thumbnail

      Optimal fiscal policy in a multisector model with minimum expenditure requirements 

      Cassou, Steven P.; Gorostiaga Alonso, Miren Arantzazu (University of the Basque Country, Department of Foundations of Economic Analysis II, 2007-03)
      This paper investigates optimal fiscal policy in a static multisector model. A Ramsey type planner chooses tax rates on each good type as well as spending levels on each good type subject to an exogenous total expenditure ...
    • Thumbnail

      Optimal Fiscal Policy with Rationing in the Labor Market 

      Gorostiaga Alonso, Miren Arantzazu (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002-07)
      This paper characterizes the optimal fiscal policy when it is assumed that there exists a minimum wage below which no worker can be hired. The rigidity due to the minimum wage legislation can lead to equilibria in which ...
    • Thumbnail

      Optimal Minimum Wage in a Competitive Economy: an Alternative Modelling Approach 

      Gorostiaga Alonso, Miren Arantzazu; Rubio-Ramírez, Juan F. (University of the Basque Country, Department of Foundations of Economic Analysis II, 2004)
      This paper analyzes whether a minimum wage can be an optimal redistribution policy when distorting taxes and lump-sum transfers are also available in a competitive economy. We build a static general equilibrium model with ...
    • Thumbnail

      Second-best tax policy in a growing economy with externalities 

      Cassou, Steven P.; Gorostiaga Alonso, Miren Arantzazu; Gutiérrez Huerta, María José; Hamilton, Stephen F. (University of the Basque Country, Department of Foundations of Economic Analysis II, 2006-10)
      This paper investigates the exploitation of environmental resources in a growing economy within a second-best scal policy framework. Agents derive utility from two types of consumption goods one which relies on an ...
    • Thumbnail

      Should Fiscal Policy be different in a Non-Competitive Framework? 

      Gorostiaga Alonso, Miren Arantzazu (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002-07)
      This paper studies if imperfections in the labor market justify a different fiscal policy. We present a dynamic general equilibrium model with a Ramsey planner deciding about public spending, labor taxes and debt. Two ...