Corlett–Hague rule
id:
corlett-hague-rule-251-5445963
title:
Corlett–Hague rule
text:
The Corlett–Hague rule is a rule in the economics of optimal taxation, which follows the second best approach, and states that optimal taxation can be achieved by taxing complementary goods of leisure, thereby reducing the distortion of labor supply incentives. It was developed by W.J. Corlett and D.C. Hague in 1953, and is derived from the principles of optimal taxation derived by Frank P. Ramsey. The Corlett–Hague rule has multiple applications in tax policy such as in commodity taxation or ca
brand slug:
wiki
category slug:
encyclopedia
description:
Rule in the economics of optimal taxation
original url:
https://en.wikipedia.org/wiki/Corlett%E2%80%93Hague_rule
date created:
date modified:
2023-09-28T16:37:25Z
main entity:
{"identifier":"Q1133042","url":"https://www.wikidata.org/entity/Q1133042"}
image:
fields total:
13
integrity:
14