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Full-Text Articles in Social and Behavioral Sciences
A Disaggregate Equilibrium Model Of The Tax Distortions Among Assets, Sectors, And Industries, Don Fullerton, Yolanda K. Henderson
A Disaggregate Equilibrium Model Of The Tax Distortions Among Assets, Sectors, And Industries, Don Fullerton, Yolanda K. Henderson
Don Fullerton
No abstract provided.
Notes On Displaced Ces Functional Forms, Don Fullerton
Notes On Displaced Ces Functional Forms, Don Fullerton
Don Fullerton
This document shows how to add another parameter to a Constant Elasticity of Substitution (CES) utility function, derive demand functions, and solve for indirect utility and expenditure functions for the evaluation of money metric utility welfare changes from a price or tax change. It also shows how to calibrate the model, by solving backwards for the parameters that must have existed to generate the observed data.