Lessons from the old masters on assessing equity and efficiency: A primer for fiscal policymakers by Vitor Gaspar, Paolo Mauro and Tigran Poghosyan published by IMF (10/2017). “How can a society’s well-being be measured to include not only average incomes but also their distribution? How can the effects of policies be assessed by considering both equity and efficienty: This primer outlines the seminal contributions of influential economists of the past…”
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