2013年5月
Estimating the social marginal cost of public funds: A microdata approach
Public Finance Review
- ,
- 巻
- 41
- 号
- 3
- 開始ページ
- 360
- 終了ページ
- 385
- 記述言語
- 英語
- 掲載種別
- 研究論文(学術雑誌)
- DOI
- 10.1177/1091142113475699
In this study, we recast the formula of the social marginal cost of public funds (SMCF) and highlight the role of what we call individual marginal costs of public funds (IMCF). After elaborating on aspects of distributional weights, we estimate the wage elasticity of labor supply and the IMCFs on a household basis. This allows us to explore not only the distributions of the elasticity and the IMCFs but also their relations to household income, which helps us assess the assumptions made in previous studies. Further, we use the SMCF estimates to evaluate the system of personal income taxes in Japan. © The Author(s) 2013.
- ID情報
-
- DOI : 10.1177/1091142113475699
- ISSN : 1091-1421
- ISSN : 1552-7530
- SCOPUS ID : 84876243447