Construct · 1 fields · 1 citations

marginal cost of public funds: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
marginal costof public funds1 CONSTRUCTMarginal cost of publicBROWNING · PUBLIC FINANCE

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Public finance

the full cost to society of raising one more dollar of tax revenue, including the distortions taxation causes.

In public finance, marginal cost of public funds refers to the full cost to society of raising one more dollar of tax revenue, including the distortions taxation causes. This meaning comes from Browning (1976) in Journal of Political Economy.[1]

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Nearby constructs

cost4 fields · 4 citationsjingle · one word, four constructsmarginal3 fields · 3 citationsjingle · one word, three constructsraising1 fields · 1 citationsanchor · one construct, one field

References

  1. Browning, E. K. (1976). The Marginal Cost of Public Funds. Journal of Political Economy, 84(2), 283-298. https://doi.org/10.1086/260432

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