The Welfare Effects of Public Expenditure Programs Reconsidered.
The paper proposes a new welfare-based measure to evaluate the distributive effects of public programs. The proposed measure differs from traditional approaches in two important ways: first, it is based on life-cycle considerations, since most public expenditure programs have an intertemporal object...
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| Format: | Czasopismo |
| Język: | English |
| Wydane: |
Washington, D.C. :
International Monetary Fund,
1989.
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| Seria: | IMF Working Papers; Working Paper ;
No. 1989/062 |
| Dostęp online: | Full text available on IMF |