Arnold C. Harberger (1924–)

William Dougan

Chapter 28 in The Palgrave Companion to Chicago Economics, 2022, pp 695-737 from Springer

Abstract: Abstract Arnold Harberger has made fundamental contributions to the fields of international trade, industrial organisation, public finance, cost-benefit analysis, macroeconomic policy, and economic growth. Each of his contributions has been motivated by a desire to apply careful economic theory and empirical observation to the analysis of practical policy issues. In this regard, Harberger is an important exemplar of the Chicago approach to economics. His pioneering application of general-equilibrium analysis to the study of tax incidence and his demonstration of the feasibility of measuring the welfare cost of economic distortions have had especially wide and lasting impacts not only on the economics profession but—directly through his own counsel and indirectly through his former students—the reform of fiscal and monetary policy in numerous countries.

Keywords: Applied welfare economics; Causes of inflation; Consumer surplus; Corporate income tax; Cost-benefit analysis; Excess burden; Growth; Harberger triangles; Real exchange rates; Social discount rate (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-01775-9_28

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DOI: 10.1007/978-3-031-01775-9_28

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