Cover of Fiscal policy and social welfare

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Fiscal policy and social welfare

In Fiscal Policy and Social Welfare John Creedy examines alternative tax and transfer systems and their redistributive effects. Drawing on original research, this volume concentrates on the modelling of tax structures and the implications for social welfare and income distribution. After reviewing various inequality and tax progressivity measures, as well as social welfare functions, the discussion moves systematically from a framework with fixed labour supplies to one in which labour supplies respond to the changes in the tax system. Attention is given to taxes in a multi-period context,...

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