Parametric properties of tax effort revenue sharing
by Michael J. Stutzer
"Some Revenue Sharing programs, including the Federal government's General Revenue Sharing program, reward higher tax effort with larger aid payments. A natural, game-theoretic generalization of the standard consumer demand based theory of grants-in-aid is used to examine the impacts such tax effort provisions have on the recipient government's tax effort, spending levels, and welfare. Nonlinear simulation is used to provide rough quantitative estimates of the impacts General Revenue Sharing had in 1972"--Federal Reserve Bank of Minneapolis web site.
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Subjects
Revenue sharing, Mathematical modelsPlaces
United States| Edition | Availability |
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1
Parametric properties of tax effort revenue sharing
1981, Federal Reserve Bank of Minneapolis
electronic resource /
in English
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Title from PDF file as viewed on 10/16/2007.
Includes bibliographical references.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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