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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21927 |
来源ID | Working Paper 21927 |
Positive and Normative Judgments Implicit in U.S. Tax Policy, and the Costs of Unequal Growth and Recessions | |
Benjamin B. Lockwood; Matthew C. Weinzierl | |
发表日期 | 2016-02-01 |
出版年 | 2016 |
语种 | 英语 |
摘要 | Calculating the welfare implications of changes to economic policy or shocks requires economists to decide on a normative criterion. One approach is to elicit the relevant moral criteria from real-world policy choices, converting a normative decision into a positive inference, as in the recent surge of "inverse-optimum" research. We find that capitalizing on the potential of this approach is not as straightforward as we might hope. We perform the inverse-optimum inference on U.S. tax policy from 1979 through 2010 and argue that the results either undermine the normative relevance of the approach or challenge conventional assumptions upon which economists routinely rely when performing welfare evaluations. |
主题 | Microeconomics ; Welfare and Collective Choice ; Macroeconomics ; Business Cycles ; Public Economics ; Taxation |
URL | https://www.nber.org/papers/w21927 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579602 |
推荐引用方式 GB/T 7714 | Benjamin B. Lockwood,Matthew C. Weinzierl. Positive and Normative Judgments Implicit in U.S. Tax Policy, and the Costs of Unequal Growth and Recessions. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w21927.pdf(441KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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