Measuring Welfare Changes and the Excess Burden of Taxation

This paper examines methods used to evaluate welfare effects of tax changes, with emphasis on the measurement problems involved. Welfare changes and excess burdens are defined, along with approximations. Aggregate measures, using a social welfare function, are examined. A special case of income taxation is then examined, leading to discussion of the marginal welfare cost of taxation and the marginal cost of funds.

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Year of publication:	1997
Authors:	Creedy, J.
Institutions:	Department of Economics, Faculty of Business and Economics
Subject:	SOCIAL WELFARE \| TAXES

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Series:	Department of Economics - Working Papers Series.
Type of publication:	Book / Working Paper
Notes:	Number 587 72 pages
Classification:	D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; H22 - Incidence ; H24 - Personal Income and Other Nonbusiness Taxes and Subsidies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005574821