Efficiency Costs and the Demand for Income Redistribution
| Autor: | Christopher B. Colburn, John B. Horowitz |
|---|---|
| Rok vydání: | 1998 |
| Předmět: |
Marginal cost
Economics and Econometrics Labour economics 050208 finance Public Administration Aid to Families with Dependent Children 05 social sciences 0211 other engineering and technologies 021107 urban & regional planning 02 engineering and technology Redistribution (cultural anthropology) 0502 economics and business Economics Redistribution of income and wealth health care economics and organizations Finance |
| Zdroj: | Public Finance Review. 26:214-230 |
| ISSN: | 1552-7530 1091-1421 |
| DOI: | 10.1177/109114219802600302 |
| Popis: | This study includes the marginal cost of redistribution (MCR) in analyzing the adjusted tax price faced by the median voter. The adjusted tax price is then used to analyze the degree to which efficiency costs change the level of income redistribution provided through the Aid to Families with Dependent Children (AFDC) program. The results of this article suggest that efficiency costs, on average, raise the cost of AFDC transfers by approximately 28% and reduces the level of AFDC redistribution by about 14.6%. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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