WebJan 1, 2015 · Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred … WebApr 30, 2015 · Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition includes "Further Thoughts on Equality and Efficiency," a paper published by the author two years later.In classrooms Arthur M. Okun may be best …
The Equity/Efficiency Trade-Off in Retrospect - ResearchGate
WebJan 1, 2015 · Originally published in 1975, Equality and Efficiency: The Big Tradeoff is a very personal work from one of the most important macroeconomists of the last hundred years. And this new edition... WebNov 30, 2024 · The final point is that there doesn’t have to be a trade-off between equality and efficiency. An improvement in efficiency should generally make the economy … kochi india historical weather
The fallacy of the equity-efficiency trade off: rethinking …
Webthat pave the way for the equity-efficiency goals to be reconciled with each other. Keywords equity-efficiency trade off, direct-indirect tax rates, growth, income distribution, tax harmonization JEL Codes H21, H30, E62 1. Introduction The main task of policy makers is to create a favourable economic environment for achieving high rates of WebOct 18, 2016 · Most undergraduate economics textbooks to this day talk about an equality-efficiency trade-off. This is mainly about the disincentive effects of attempts to redistribute income from the rich to the poor. Progressive taxes to fund such redistribution may discourage work effort, investment, and risk-taking, and the consequent shrinking of the … WebSep 29, 2024 · For every ten-percentage point increase in local revenue share, mean achievement rises by 0.05 standard deviations (sd) and socio-economic achievement gaps widen by 0.03sd. Voice and exit channels moderate the size of the efficiency-equity trade-off. Implications for inter-governmental grant policy are discussed. redefinition\u0027s 4l