Macroeconomic Effects of Minimum Wage Increases in an Economy with Wage Underreporting
نویسندگان
چکیده
منابع مشابه
Underreporting and Minimum Wage
We propose a theory of firm that is consistent with empirically observed phenomenon of firms simultaneously engaging in both formal and informal activities. Firms face endogenous probability of auditing that depends on the scale of underreporting of both sales and wages. We characterize the conditions for a firm facing corporate, value added and payroll taxes to hide a part of its activities. U...
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ژورنال
عنوان ژورنال: Visnyk of the National Bank of Ukraine
سال: 2018
ISSN: 2414-987X
DOI: 10.26531/vnbu2018.246.010