Will the Real Excess Burden Please Stand Up? (Or, Seven Measures in Search of a Concept)
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It is well understood that a tax which distorts relative prices generates a welfare cost or "excess burden" in addition to any associated transfer of resources, but there remains considerable controversy and confusion with respect to procedures for measuring this excess burden. The purpose of this
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美国国家经济研究局创建时间：
1980-06-01
