Titlebook: Consumer Behavior, Cost of Living Measures, and the Income Tax; Michael R. Baye,Dan A. Black Book 1986 Springer-Verlag Berlin Heidelberg 1

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muscle-fibers

显赫的人

neolith

Introduction(1983), Kay and Morris (1984), and Triplett (1983)). The basic idea behind the concept of an income-based cost of living index is to compare the levels of pretax income necessary to maintain some base standard of living under alternative price and tax regimes. This is in contrast to an expenditure-b

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Consumer Behavior in the Absence of an Income Tax goods and leisure that maximizes his well being. We let X = (X., X.,… X.) denote the vector of commodities. The element X. shall be interpreted as leisure, and is contained on the interval [0, δ]. The scalar δ represents the individual’s total endowment of time. The X.′s [k = 1, 2,… n] are interpre

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ALTER

The Konus and Frisch Expenditure-Based Cost of Living Indicesiture-based cost of living index is the expenditure function examined in Chapter Three, namely .. This function defines the minimum expenditures on goods and leisure necessary to purchase the standard of living corresponding to u.

lethal

A Simple Taxable Income-Based Cost of Living Indexture function and the full income compensation function correspond. That is, . where e(•) in the expenditure function defined in Chapter Three, and μ(•) is the income-compensation function defined in Chapter Four.

耐寒

The Full Income and Nonwage Income-Based Cost of Living Indicese was solely exogenous. This chapter considers the concept of income based cost of living indices when the consumer’s income depends upon an endogenously determined labor supply. Recall that .) and .).