• Corpus ID: 13784655

On the nature and measurement of fiscal illusion: a survey

@inproceedings{Oates1988OnTN,
  title={On the nature and measurement of fiscal illusion: a survey},
  author={Wallace E. Oates},
  year={1988}
}
In tube extrusion presses, there are two steps in production. Firstly, a mandrel pierces a hole through the center of a billet, the tip of the mandrel ending up just within the opening of the extrusion die. Secondly, the now hollow cylindrical billet is extruded through the die and over and around the tip of the mandrel to produce a tube. To limit the movement of the mandrel, stroke-limiting rods are provided which pass through bores in a part attached to the mandrel and in a fixed part of the… 

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References

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In the recent past numerous and sometimes heated dialogues have taken place regarding the burden of public debt, its existence and its nature. Despite the apparent diversity among the analyses and

Beliefs and errors in voting choices: A restatement of the theory of fiscal illusion

This paper reformulates the theory of fiscal illusion to make it more compatible with the median-voter model of collective choice. It emphasizes the requirement that misperceptions about marginal

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This paper deals with the occurrence of fiscal illusion and its effect on public expenditures. Fiscal illusion is here taken to be a systematic misperception by individuals of both the public revenue

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In a recent article Richard Wagner (1976) has developed the hypothesis that the structure with which governments raise revenues can affect the level of public expenditures. In addition to providing

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The assumption that government bonds are perceived as net wealth by the private sector is crucial in demonstrating real effects of shifts in the stock of public debt. In particular, the standard

The Determinants of Median Voter Tax Liability: an Empirical Test of the Fiscal Illusion Hypothesis

A median voter model was constructed, permitting an empirical examination of the determinants of state and local individual tax liability. Holding constant the effect of other factors, a 1% increase

Renters' Illusion or Savvy?

A frequent finding in the local public finance literature is that renters are more likely to support expansions in the local budget than are homeowners. The renters' illusion hypothesis (renters are

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