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Quadratic Utility, Labour Supply and The Welfare Effects of Tax Changes

  • Creedy, J.

1. Introduction 2. Labour Supply 3. The Slutsky Condition 4. Welfare Changes 4.1 The Expenditure Function 4.2 Compensating and Equivalent Variations 5. Numerical Examples 5.1 The Tax System 5.2 Utility and Labour Supply 6. Conclusions

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Paper provided by The University of Melbourne in its series Department of Economics - Working Papers Series with number 774.

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Length: 16 pages
Date of creation: 2001
Date of revision:
Handle: RePEc:mlb:wpaper:774
Note: This paper has now been published in: Creedy, J. (2001), Quadratic Utility, Labour Supply and the Welfare Effects of Tax Changes, Australian Journal of Labour Economics, 4, no.4, pp. 272-280.
Contact details of provider: Postal: Department of Economics, The University of Melbourne, 4th Floor, FBE Building, Level 4, 111 Barry Street. Victoria, 3010, Australia
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