10% off all books and free delivery over £50
Buy from our bookstore and 25% of the cover price will be given to a school of your choice to buy more books. *15% of eBooks.

Design and Reform of Taxation Policy

View All Editions (2)

The selected edition of this book is not available to buy right now.
Add To Wishlist
Write A Review

About

Design and Reform of Taxation Policy Synopsis

G. Galeotti* and M. Marrelli** *Universita di Perugia **Universita di Napoli 1. The economic analysis of optimal taxation has permitted considerable steps to be taken towards the understanding of a number of problems: the appropriate degree of progression, the balance between different taxes, the equity-efficiency trade-off etc .. Though at times considered as abstract and of little use in policy design, the issues it addresses are real ones and very much on the agenda of many countries. As usual in scientific debate, criticisms have contributed to the correct understanding of the theoretical problems involved and made clear that, at the present state of the art, definitive conclusions may be premature. A first well-taken criticism addresses the assumption, underlying optimal taxation models, of a competitive economy with perfect information on the part of individual agents and full market clearing. Once we leave the Arrow-Debreu world, it is no longer necessarily the case that taxes and transfers introduce distortions on otherwise efficient allocations.

About This Edition

ISBN: 9789048142163
Publication date:
Author: G Galeotti, M Marrelli
Publisher: Springer an imprint of Springer Netherlands
Format: Paperback
Pagination: 240 pages
Series: Financial and Monetary Policy Studies
Genres: Civil service and public sector
Microeconomics
Political economy