Public Finance in a Nutshell: A Cobb Douglas Teaching Tool for General Equilibrium Tax Incidence and Excess Burden

Fullerton, Don; Ta, Chi L.

doi:10.3386/w23064

Cited by 3 publications

(2 citation statements)

References 2 publications

(2 reference statements)

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Based upon an average taken across multiple academic studies conducted in the U.S. (Baicker & Skinner, 2011; Blomquist & Simula, 2010; Fullerton & Ta, 2017; Saez, Slemrod, & Giertz, 2012), income tax was estimated to impose a burden of $0.33 for every dollar of tax levied.…”

Section: Methodsmentioning

confidence: 99%

Social and economic cost of eating disorders in the United States: Evidence to inform policy action

Streatfeild¹,

Hickson²,

Austin

et al. 2021

Intl J Eating Disorders

162

125

View full text Add to dashboard Cite

Objective To estimate one‐year costs of eating disorders in the United States (U.S.) from a societal perspective, including the costs to the U.S. health system, individual and family productivity costs, lost wellbeing, and other societal economic costs, by setting and payer. Findings will inform needed policy action to mitigate the impact of eating disorders in the U.S. Method Costs of eating disorders were estimated using a bottom‐up cost‐of‐illness methodology, based on the estimated one‐year prevalence of eating disorders. Intangible costs of reduced wellbeing were also estimated using disability‐adjusted life years. Results Total economic costs associated with eating disorders were estimated to be $64.7 billion (95% CI: $63.5–$66.0 billion) in fiscal year 2018–2019, equivalent to $11,808 per affected person (95% CI: $11,754–$11,863 per affected person). Otherwise Specified Feeding or Eating Disorder accounted for 35% of total economic costs, followed by Binge Eating Disorder (30%), Bulimia Nervosa (18%) and Anorexia Nervosa (17%). The substantial reduction in wellbeing associated with eating disorders was further valued at $326.5 billion (95% CI: $316.8–$336.2 billion). Discussion The impact of eating disorders in the U.S. is substantial when considering both economic costs and reduced wellbeing (nearly $400 billion in fiscal year 2018–2019). Study findings underscore the urgency of identifying effective policy actions to reduce the impact of eating disorders, such as through primary prevention and screening to identify people with emerging or early eating disorders in primary care, schools, and workplaces and ensuring access to early evidence‐based treatment.

show abstract

Section: Methodsmentioning

confidence: 99%

Social and economic cost of eating disorders in the United States: Evidence to inform policy action

Streatfeild¹,

Hickson²,

Austin

et al. 2021

Intl J Eating Disorders

162

125

View full text Add to dashboard Cite

show abstract

“…Cf. Fullerton and Ta [19] for a similar treatment of general equilibrium analysis (of tax incidence rather than the present interest of trade incidence) predicated upon the specific Cobb-Douglass production functions.…”

mentioning

confidence: 99%

Production, Distribution, and Trade: General Equilibrium Models with One Single Cobb-Douglas Parameter

Kawano

Ohta

Jensen³

et al. 2017

View full text Add to dashboard Cite

We present simple general equilibrium models of resource allocation, factor income distribution, and trade among nations that are technologically identical, but different in tastes. Under conditions of autarky, this paper highlights the importance of "tastes" that determine the intra-national factor shares of returns to productive factors. We demonstrate how a stronger taste for specified factor-intensive goods leads to higher returns to factors intensively used.Trade, in our model, however, erases both intra-national and inter-national factor income inequalities caused by taste differences. Trade, therefore, is no good news to those factors and income groups benefitting from autarky. Free trade therefore is a difficult proposal not only in practice, but also in theory.

show abstract

Exploring the School-Enterprise Collaboration Mode of Cultivating Applied Talents in Finance & Taxation of Higher Education in the Information Technology Era

Xie

2024

Applied Mathematics and Nonlinear Sciences

View full text Add to dashboard Cite

Under the era of intelligence and informational technology, society has set higher requirements for the cultivation of talents in colleges and universities. This paper builds up a school-enterprise cooperation training model on the cultivation demand of applied talents in finance and taxation, and the employment quality data after the application of the model is statistically analyzed with the data of H universities in Guangdong Province. At the same time, after constructing the evaluation index system of the quality of the training of applied talents in finance and taxation under the model of school-enterprise cooperation by using the hierarchical analysis method and assigning weights to it, the quality of the training of the talents is comprehensively evaluated by the fuzzy comprehensive evaluation method. It was found that the employment rate of H college increased from 74.17% to 97.59% in the past ten years, and the counterpart rate increased from 73.54% to 89.24% in 2014. The study shows that A10 Employer Enterprise Satisfaction, A2 Enterprise Cooperation Platform, and A6 Enterprise Mentor Guidance have the highest scores of 86.215, 84.296, and 84.137, respectively, indicating that enterprises play an important and positive role. The A3 curriculum and A9 employment quality scores are below 80, which suggests that there are still problems to be resolved in both the course and employment quality. This paper provides useful exploration to address the problem of inadequate and misplaced school-enterprise integration and to ensure a comprehensive improvement in the quality of training talent in finance and taxation.

show abstract

Public Finance in a Nutshell: A Cobb Douglas Teaching Tool for General Equilibrium Tax Incidence and Excess Burden

Cited by 3 publications

References 2 publications

Social and economic cost of eating disorders in the United States: Evidence to inform policy action

Social and economic cost of eating disorders in the United States: Evidence to inform policy action

Production, Distribution, and Trade: General Equilibrium Models with One Single Cobb-Douglas Parameter

Exploring the School-Enterprise Collaboration Mode of Cultivating Applied Talents in Finance & Taxation of Higher Education in the Information Technology Era

Contact Info

Product

Resources

About