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Political Economy and the Social Marginal Cost of Public Funds

2008
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Release : 2008
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Book Synopsis Political Economy and the Social Marginal Cost of Public Funds by : K. W. Kevin Hsu

Download or read book Political Economy and the Social Marginal Cost of Public Funds written by K. W. Kevin Hsu. This book was released on 2008. Available in PDF, EPUB and Kindle. Book excerpt: In previous studies on the social marginal cost of public funds (SMCF), the existing tax system has been assumed to be either arbitrary or optimal. This note explores another possibility: the existing tax system itself represents a political equilibrium. Our exploration proceeds in Meltzer and Richards (1981) political economy of redistributive taxation. An interesting feature of our finding is that the degree of income inequality as measured by the ratio of mean to median income can play an important role in estimating the SMCF and judging whether the level of redistribution is excessive or inadequate.

Public Finance and Public Policy

2019-01-10 Business & Economics
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Release : 2019-01-10
Genre : Business & Economics
Kind : eBook
Book Rating : 318/5 ( reviews)

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Book Synopsis Public Finance and Public Policy by : Arye L. Hillman

Download or read book Public Finance and Public Policy written by Arye L. Hillman. This book was released on 2019-01-10. Available in PDF, EPUB and Kindle. Book excerpt: Using a political-economy perspective this book is an introduction to the responsibilities and limitations of government in a market economy.

The Relationship Between the Marginal Cost of Public Funds and Marginal Excess Burden

1987
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Release : 1987
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Book Synopsis The Relationship Between the Marginal Cost of Public Funds and Marginal Excess Burden by : Robert K. Triest

Download or read book The Relationship Between the Marginal Cost of Public Funds and Marginal Excess Burden written by Robert K. Triest. This book was released on 1987. Available in PDF, EPUB and Kindle. Book excerpt:

Public Finance and Public Choice

2009-07-09 Business & Economics
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Release : 2009-07-09
Genre : Business & Economics
Kind : eBook
Book Rating : 787/5 ( reviews)

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Book Synopsis Public Finance and Public Choice by : John Cullis

Download or read book Public Finance and Public Choice written by John Cullis. This book was released on 2009-07-09. Available in PDF, EPUB and Kindle. Book excerpt: Public Finance and Public Choice provides a comprehensive analysis of the economics of the public sector, taking a diagrammatic approach to the subject. Particular emphasis is given to the public choice and behavioural economics schools of thought.

Public Sector Economics

1983 Business & Economics
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Release : 1983
Genre : Business & Economics
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Book Synopsis Public Sector Economics by : Robert Millward

Download or read book Public Sector Economics written by Robert Millward. This book was released on 1983. Available in PDF, EPUB and Kindle. Book excerpt:

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