The Marginal Cost of Redistribution: Lifetime and Annual Perspectives

The Marginal Cost of Redistribution: Lifetime and Annual Perspectives

Approximately 40% of the Federal government's expenditures are spent on redistributing income from high income households to low income households. A study calculated the annual and lifetime marginal costs of redistribution using a lifetime dynamic labor supply model.

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Bibliographische Detailangaben
Veröffentlicht in:Southern economic journal 1990-01, Vol.56 (3), p.664-675
1. Verfasser: Horowitz, John B.
Format: Artikel
Sprache:eng
Schlagworte:
Income
Income distribution
Income inequality
Income redistribution
Income taxes
Labor force
Labor supply
Labor supply elasticity
Marginal costs
Social research
Tax revenues
Taxation
Transfer payments
Wage rate
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Beschreibung
Zusammenfassung:Approximately 40% of the Federal government's expenditures are spent on redistributing income from high income households to low income households. A study calculated the annual and lifetime marginal costs of redistribution using a lifetime dynamic labor supply model.
ISSN:0038-4038
2325-8012
DOI:10.2307/1059367