Quantitative evidence on the welfare effects of home sector fiscal policy
Kelly S. Ragan
Economics Letters, 2013, vol. 118, issue 2, 400-403
Abstract:
A home production model that explicitly accounts for taxes and public expenditures on day-care and elder-care, substitutes for work households perform at home, is used to evaluate the welfare implications of alternative public expenditure policies. Both subsidy and workfare policies are welfare improving relative to a model where tax revenues are rebated lump sum. The welfare gains from optimal home sector policy design can be large.
Keywords: Home production; Public expenditures; Subsidy; Workfare (search for similar items in EconPapers)
JEL-codes: E26 E62 J22 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:118:y:2013:i:2:p:400-403
DOI: 10.1016/j.econlet.2012.11.030
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