General equilibrium models in the development of social policy / by A. Pierre Cloutier and Bernard Fortin.: EC22-3/1989-361E-PDF
"Social policy is not a costless endeavour, since it often produces inefficiencies in the allocation of resources. For example, transfers to persons and taxes used to finance them can modify the private return to labour relative to its cost to employers. This in turn affects the quantity of labour supplied and demanded in the economy. This impacts on the demand for capital and the level of output, as well as on government revenues themselves"--Summary, p. [i].
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| Title | General equilibrium models in the development of social policy / by A. Pierre Cloutier and Bernard Fortin. |
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| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
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| Description | vii, 85 p. : charts. |
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