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Generalized Compensation Principle

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NBER2017-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23509
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资源简介:
We generalize the classic concept of compensating variation and the welfare compensation principle to a general equilibrium environment with distortionary taxes. We show that the problem of designing a tax reform that compensates the welfare gains and losses induced by an economic disruption can be
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2017-06-01
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