Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/189298 
Autor:innen: 
Erscheinungsjahr: 
2002
Schriftenreihe/Nr.: 
Queen's Economics Department Working Paper No. 1011
Verlag: 
Queen's University, Department of Economics, Kingston (Ontario)
Zusammenfassung: 
The marginal cost of public funds is the equilibrium price at the intersection of the appropriately-defined demand curve for and the supply curve of public expenditure. In a world with identical people and with no excess burden of taxation, that price would have to be 1. Otherwise the median voter's choice of a demogrant - or of its opposite, a head tax - fixes the marginal cost of public funds at the ratio of the mean income to the median income. A proof of this assertion is presented not for its realism, but because it calls attention to the interaction of the different influences upon the marginal cost of public funds.
Schlagwörter: 
Marginal Cost of Public Funds
JEL: 
H4
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
490.3 kB





Publikationen in EconStor sind urheberrechtlich geschützt.