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Integrating Expenditure and Tax Decisions: The Marginal Cost of Funds and the Marginal Benefit of Projects

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NBER2001-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w8196
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This paper seeks to clarify the extent to which the rule for providing public goods ought to correct for the distortionary cost of raising funds. We argue that, in evaluating public projects, the marginal cost of funds (MCF) concept must be supplemented by a symmetrical concept, which we label the
提供机构:
美国国家经济研究局
创建时间:
2001-03-01
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