This paper investigates the marginal social cost of cash-cum-in-kind transfers (MSCKT). Based on a generalization of Wildasin (1984), we characterize that the marginal social cost of public funds depends on the relation ...

This paper investigates income tax revenues response to tax rate changes taking into consideration that cash-cum-in-kind transfers are used as a redistributive package to the community. First, we show that when cash and ...