全球智库信息集成服务系统(G2TT): Public Finance in a Nutshell: A Cobb Douglas Teaching Tool for General Equilibrium Tax Incidence and Excess Burden

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w23064
来源ID	Working Paper 23064
	Public Finance in a Nutshell: A Cobb Douglas Teaching Tool for General Equilibrium Tax Incidence and Excess Burden
	Don Fullerton; Chi L. Ta
发表日期	2017-01-23
出版年	2017
语种	英语
摘要	To help first- or second-year graduate students in economics apply their theoretical training, this paper shows how to solve a simple and intuitive computable general equilibrium (CGE) model using a calculator. Because this simplified Harberger model uses Cobb Douglas functional forms for utility and production, one can solve for all input and output prices and quantities with no taxes and then solve for exact measures of output with a large tax change (not using derivatives). We then show how to solve simultaneously for capital and labor prices (incidence on the sources side of income), for both output prices (incidence on the uses side), for exact measures of overall welfare loss such as the equivalent variation, for excess burden and marginal excess burden, and for the effects on revenue in the form of a Laffer Curve.
主题	Other ; General, Teaching ; Microeconomics ; Mathematical Tools ; General Equilibrium ; Public Economics ; Taxation
URL	https://www.nber.org/papers/w23064
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/580738
推荐引用方式 GB/T 7714	Don Fullerton,Chi L. Ta. Public Finance in a Nutshell: A Cobb Douglas Teaching Tool for General Equilibrium Tax Incidence and Excess Burden. 2017.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w23064.pdf（553KB）	智库出版物		限制开放	CC BY-NC-SA	浏览