Article ID Journal Published Year Pages File Type
5062416 Economics Letters 2007 6 Pages PDF
Abstract

Subsidies aimed at heterogeneous goods, as housing, do not merely generate the traditional excess burden: there is another welfare loss since the distortion affects non-price characteristics. We show that the aforementioned welfare loss exists and can be quantified.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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A method for evaluating the excess burden associated with characteristics of the goods
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