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, we address both efficiency and distribution issues. The focus is on the effects of user prices on individual incentives … and choices. We identify circumstances under which a market system of user prices not only enhances aggregate efficiency …
Persistent link: https://www.econbiz.de/10012319430
by the Ramsey government not only increases aggregate efficiency, but it also decreases inequality. This result is in …
Persistent link: https://www.econbiz.de/10013103882
providers cannot beat private providers in terms of aggregate efficiency. We finally design a transfer scheme that can make a …
Persistent link: https://www.econbiz.de/10013123836
by the Ramsey government not only increases aggregate efficiency, but it also decreases inequality. This result is in … contrast to common view and policy practice. -- user fees ; Ramsey taxation ; efficiency ; inequality …
Persistent link: https://www.econbiz.de/10009571131
providers cannot beat private providers in terms of aggregate efficiency. We finally design a transfer scheme that can make a …
Persistent link: https://www.econbiz.de/10009130257
, we address both efficiency and distribution issues. The focus is on the effects of user prices on individual incentives … and choices. We identify circumstances under which a market system of user prices not only enhances aggregate efficiency …
Persistent link: https://www.econbiz.de/10013314888
How can we maximize the common good? This is a central organizing question of public policy design, across political parties and ideologies. The answer typically involves the provisioning of public goods such as fresh air, national defense, and knowledge. Public goods are costly to produce but...
Persistent link: https://www.econbiz.de/10014037089
A fundamental problem in public finance is that of allocating a given budget to financing the provision of public goods (education, transportation, police, etc.). In this paper it is established that when admissible preferences are those representable by continuous and increasing utility...
Persistent link: https://www.econbiz.de/10014206916
that integrates the conventional methodology for measuring its productive efficiency and the monetary assessment of social … worsening) productive efficiency are deduced using duality theory. The first is obtained from the cost function, while the …
Persistent link: https://www.econbiz.de/10011755954
This paper studies the aggregate and distributional implications of introducing tuition fees for public education services into a tax system with income and consumption taxes. The setup is a neoclassical growth model where agents differ in capital holdings. We show that the introduction of...
Persistent link: https://www.econbiz.de/10011500172