Title: Fiscal policy and social welfare
First published: 1996
Description: In Fiscal Policy and Social Welfare John Creedy examines alternative tax and transfer systems and their redistributive effects.

Drawing on original research, this volume concentrates on the modelling of tax structures and the implications for social welfare and income distribution. After reviewing various inequality and tax progressivity measures, as well as social welfare functions, the discussion moves systematically from a framework with fixed labour supplies to one in which labour supplies respond to the changes in the tax system. Attention is given to taxes in a multi-period context, including the treatment of pension schemes.

Finally, the analysis is extended to a general equilibrium framework involving many individuals. Extensive use is made of numerical examples and diagrams.

. Researchers, students and policy makers will welcome this rigorous and consistent treatment of alternative tax and transfer systems and their effects on social welfare, income distribution and tax progressivity, in both partial and general equilibrium contexts.
Subjects: Income distribution, Mathematical models, Taxation, Transfer payments, Tax incidence, Incidence fiscale, Belastingen, Modelos matemáticos, Revenu, Paiements de transfert, Belastingpolitiek, Wiskundige modellen, Einkommensverteilung, Inkomensverdeling, Répartition, Transferencia de pagos, Impôt sur le revenu, Steuersystem, Renta, Distribución de la, Gleichgewichtsmodell, Justice distributive, Impôt, Politique fiscale, Modèles mathématiques
LC classification: HJ2321 .C73 1996