A computational approach to optimum public policies (English)

This paper describes and illustrates the use of an algorithm that computes optimal taxes and public production in an economy where the government's tax powers are restricted. The special features of the optimal restricted tax problem required the solution of problems that have not arisen in previous applications of Scarf's algorithm. Indeed, these problems could only be dealt with properly by developing two versions of the algorithm that can be used...
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Heady, Christopher J.; Mitra,Pradeep K..

A computational approach to optimum public policies (English). World Bank reprint series ; no. REP 382 Washington, D.C. : The World Bank. http://documents.worldbank.org/curated/en/903721468183539482

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