dc.contributor.author | Valseth, Åsmund Sunde | |
dc.contributor.author | Holtsmark, Bjart | |
dc.contributor.author | Holtsmark, Katinka | |
dc.date.accessioned | 2019-06-17T10:52:31Z | |
dc.date.available | 2019-06-17T10:52:31Z | |
dc.date.issued | 2019-06 | |
dc.identifier.issn | 1892-753X | |
dc.identifier.uri | http://hdl.handle.net/11250/2600991 | |
dc.description.abstract | This paper provides a new and improved measure of the marginal cost of public funds (MCF). It is based on a benchmark tax which is distributionally neutral and non-distortive. This is in contrast to the MCF-measure used in the previous literature, that has used the regressive uniform lump-sum tax as the benchmark. Our proposed MCF-measure more precisely accounts for the distributional aspects of public funding (the tax scheme) and makes a clear distinction between this and the distributional aspects of the public good considered. Compared to the previous literature, we find a higher MCF both in the case of a uniform lump-sum tax and in the case of distortive taxes. Due to its regressive distributional consequences, we find that the MCF of a uniform lump-sum tax is always greater than one when not combined with distortive taxes. Moreover, we find that the MCF could be greater than one also with an optimal combination of a uniform lump-sum tax and distortive taxes. | en |
dc.language.iso | eng | nb_NO |
dc.publisher | Statistisk sentralbyrå | nb_NO |
dc.relation.ispartofseries | Discussion papers;908 | |
dc.subject | Marginal cost of public funds | nb_NO |
dc.subject | lump-sum taxes | nb_NO |
dc.subject | Public goods | nb_NO |
dc.subject | Skatt | nb_NO |
dc.subject | Skattesystemer | nb_NO |
dc.title | The costs of taxation in the presence of inequality | nb_NO |
dc.type | Working paper | nb_NO |
dc.description.version | publishedVersion | nb_NO |
dc.source.pagenumber | 32 s. | nb_NO |