Handbook of Public Economics, Vol. 5

Index

A

Actual tax systems

accounting methods, 414

benefit principles, 460–461

characteristics, 446

first order approximation, 398–399

individual incomes, 395–396

of OECD countries, 394–395

policy debates, 446

vs. optimal tax system, 407, 459

Administration and compliance, 52, 54

Adverse selection

vs. advantageous selection, 125–127

annuity markets, 132

defined, 128

equilibrium, 118

evidence of, 131–134

key feature, 119, 121

marginal cost, 120

policy analysis, 123, 185

private market and, 140–141, 168–169, 176

tax subsidies, 121

testing, assymmetric information, 128

underinsurance and, 120

welfare costs of, 115, 120–122, 134, 138

Agglomeration

advantages, 301

capital base, 301–302

economies, 206–207, 216–217, 244

stock effects, 301

Alternatives ...