Taxation and Efficiency

 

Lecture Notes

1. The Expenditure Function
2. Excess Burden is Positive
3. Excess Burden is (Almost) Everywhere
4. Formulae for Excess Burden

• Two Examples : Cobb-Douglas and Quasi-Linear

 

 

Figures

1. Figure 1
2. Figure 2
3. Figure 3
4. Figure 4
5. Figure 5
6. Figure 6
7. Figure 7