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• W1971139936 abstract "I consider the changes in the public service level and in the utility of wealthy families when a community of wealthy families expands to include more poor families. Public expenditure is financed by a property tax and set by majority voting. Because adjustments in housing are sluggish, families vote treating house sizes as fixed, and utility is not maximized. The model structure suggests that the signs of the changes are a priori ambiguous—in particular, the fiscal deterioration may cause the public service level to rise and the utility of the wealthy resident to be increased. The changes are estimated in a model with typical parameter estimates." @default.
• W1971139936 created "2016-06-24" @default.
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• W1971139936 date "1992-09-01" @default.
• W1971139936 modified "2023-10-14" @default.
• W1971139936 title "The fiscal effect of community composition on public services and welfare" @default.
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• W1971139936 doi "https://doi.org/10.1016/0094-1190(92)90002-3" @default.
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