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The Marginal Cost of Public Funds

The Marginal Cost of Public Funds

Per-Olov JohanssonBengt KriströmEkonomi & ledarskap
In a perfect market economy, the cost of raising another euro of tax revenue equals one. However, once distortionary taxes on goods and factors are introduced, the marginal cost of public funds, MCPF, typically deviates from one. Often it exceeds ...
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ISBN9781009620475
Språksv

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In a perfect market economy, the cost of raising another euro of tax revenue equals one. However, once distortionary taxes on goods and factors are introduced, the marginal cost of public funds, MCPF, typically deviates from one. Often it exceeds ...

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