Proposals for the computation of competitive equilibria in the presence of taxation contained in recent joint work by the author are applied to a model of the United Kingdom economy and tax system for the period 1968-1970. Difficulties of model specification and parameterization are also discussed. Results provide indications of efficiency, distributional, and welfare impacts for a number of alternative tax changes.
MLA
Whalley, John. “The United Kingdom Tax System 1968-1970: Some Fixed Point Indications of Its Economic Impact.” Econometrica, vol. 45, .no 8, Econometric Society, 1977, pp. 1837-1858, https://www.jstor.org/stable/1914113
Chicago
Whalley, John. “The United Kingdom Tax System 1968-1970: Some Fixed Point Indications of Its Economic Impact.” Econometrica, 45, .no 8, (Econometric Society: 1977), 1837-1858. https://www.jstor.org/stable/1914113
APA
Whalley, J. (1977). The United Kingdom Tax System 1968-1970: Some Fixed Point Indications of Its Economic Impact. Econometrica, 45(8), 1837-1858. https://www.jstor.org/stable/1914113
We are deeply saddened by the passing of Kate Ho, the John L. Weinberg Professor of Economics and Business Policy at Princeton University and a Fellow of the Econometric Society. Kate was a brilliant IO economist and scholar whose impact on the profession will resonate for many years to come.
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