Liu, Liqun; Rettenmaier, Andrew J. - In: Public Finance Review 32 (2004) 6, pp. 631-650
The conventional measure of the excess burden of a discrete increase in the rate of either a labor income tax or an excise tax is typically represented by a trapezoid in the supply/demand framework. This article adopts an alternative view of the incremental excess burden due to Mayshar and finds...