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Decks in this class (23)

L1: Introduction to Public Finance
2 major reasons for government in...,
Market failure,
Externality
10  cards
L2: Theoretical Tools of Public Finance
How consumers make choices,
Utility function,
Indifference curve
32  cards
L3: Empirical Tools of Public Finance
Correlation,
Causal,
Identification problem
15  cards
L4: Tools of Budget Analysis
Government debt,
Government deficit,
How can the debt gdp ratio fall i...
18  cards
L5: Inequality and Redistribution
How to measure differences in wel...,
Simplest measure of differences i...,
Gini coefficient
9  cards
L6: US Tax System
Two aspects of the tax system to ...,
Types of taxation,
Key feature of the income tax
16  cards
L7: Tax Incidence
Tax incidence,
Statutory incidence,
Economic incidence
13  cards
L8: Deadweight Loss and Optimal Taxation
Excess burden of taxation,
Implication with efficiency costs...,
Implication with efficiency costs...
10  cards
L9: Labour Taxes and Transfers - Theory and Optimal Design
Issues with the optimal tax model,
Labour supply theory assumptions,
Income and substitution effect fo...
9  cards
L10: Labour Taxes and Transfers - Institutions and Evidence
What does the shape of the income...,
Earnings elasticity and labour el...,
Earned income tax credit
7  cards
L11: Capital Income and Wealth Taxation - Introduction; Retirement Saving
Three different views of what cap...,
Why is capital income and wealth ...,
Calculation of wealth in a given ...
18  cards
L12: Capital Gains and Estate Taxation
Wh,
Capital gain,
Key tax provisions for capital ga...
13  cards
L13: Corporate and International Taxation
How does corporate tax work,
Distortions associated with the c...,
Effective tax rate
10  cards
L14: Fundamental Tax Reform and Consumption Taxation
Why tax capital income at the sam...,
How consumption taxes work,
Progressivity and consumption taxes
6  cards
L15: Externalities
Two classic and important market ...,
Externalities,
Types of externalities
15  cards
L16: Public Goods
Pure public goods,
Impure public goods,
Optimal provision of public goods
10  cards
L17: Political Economy
Public choice mechanism,
Samuelson condition for socially ...,
Lindahl pricing
13  cards
L18: State and Local Public Finance
Three primary factors behind the ...,
Optimal fiscal feeralism,
State vs local government spending
16  cards
L19: Education
Why should government be involved,
Fiscal externalities,
Effects of having free public edu...
11  cards
L20: Social Insurance - Introduction
Social insurance program,
Major programs,
Insurance
15  cards
L21: Social Security
Life cycle model,
Justifications for social insuran...,
Social security details
16  cards
L22: Health Insurance
Deductibles,
Copayment,
Coinsurance
8  cards
L23: Unemployment Insurance, Disability Insurance and Worker's Compensation
Common features of these three pr...,
Unemployment insurance,
Disability insurance
12  cards

More about
ECON131

  • Class purpose General learning

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