Public Finance

  • 13 Posts
  • 1 Sections
  • 1 Types
Atkinson Index
Public Finance Statistics
An inequality measure based on equally distributed equivalent income, with an explicit parameter for inequality aversion.
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Averch–Johnson Effect
Market Structure Public Finance
A distortion under rate-of-return regulation where firms may choose an inefficiently capital-intensive input mix.
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Bad Bank
Banking Public Finance Risk Management
A vehicle that purchases and works out non-performing or distressed assets so core banks can clean their balance sheets.
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Balanced Budget Amendment
Public Finance Macroeconomics
A proposed constitutional rule requiring government expenditures not to exceed revenues within a fiscal year.
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Balanced Budget Multiplier
Macroeconomics Public Finance
In Keynesian models, equal increases in government spending and taxes raise output by exactly the spending increase.
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Benefits
Economics Microeconomics Public Finance
The value or utility gained from an action, good, or policy, often analyzed at the margin.
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Cost-Effectiveness
Public Finance Economics
A decision criterion that compares policy or project costs to measurable outcomes when benefits are not fully monetized.
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Greenhouse Gases
Economics Public Finance
Gases that trap heat in the atmosphere; economically, emissions create a global negative externality through climate damages.
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Housing Association
Public Finance Economics
A non-profit housing provider that supplies below-market or regulated housing within local housing systems.
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Income Tax
Taxation Public Finance
A tax on labor and capital income used to fund government spending and shape distribution outcomes.
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Lump-Sum Tax
Taxation Public Finance
A fixed tax amount that does not depend on a taxpayer's choices; a benchmark for non-distortionary taxation.
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Pension Rights
Public Finance Personal Finance
The economic value of future pension entitlements from public and occupational pension systems.
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Quota (IMF)
International Economics Public Finance
Understanding the fundamental role of quotas within the International Monetary Fund (IMF).
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