DOAJ Open Access 2022

Aggregate marginal costs of public funds

John K. Dagsvik Steinar Strøm

Lihat Sumber DOI

Abstrak

In this paper, we discuss aggregate measures of marginal costs of public funds (MCF) in populations that are heterogeneous with respect to observed as well as unobserved characteristics. We first discuss how to compute MCF in selected examples of traditional (textbook) labour supply models. Next, we review two types of discrete labour supply models proposed in the literature. Subsequently, we discuss how to calculate aggregate measures of MCF for discrete labour supply models. Finally, we apply an estimated two-sector discrete labour supply model to compute MCF based on Norwegian data.

Topik & Kata Kunci

Economics as a science

Penulis (2)

John K. Dagsvik

Steinar Strøm

Format Sitasi

APA MLA BibTeX

Dagsvik, J.K., Strøm, S. (2022). Aggregate marginal costs of public funds. https://doi.org/10.3326/pse.46.2.3

Akses Cepat

Lihat di Sumber doi.org/10.3326/pse.46.2.3

Informasi Jurnal

Tahun Terbit: 2022
Sumber Database: DOAJ
DOI: 10.3326/pse.46.2.3
Akses: Open Access ✓