D

D (G1)

A SECURITY of questionable value according to the rating agency Standard & Poor.

See also: AAA; BBB; BB; Q DDR

daisy-chain scheme (H2, M2)

A commercial scheme for passing a commodity through a chain of company subsidiaries to avoid taxation.

Dalton improving tax reform (H2)

An income transfer from a household of high social rank to a lower ranking household that does not change the ranking of households. This MARGINAL TAX change yields a marginal improvement in social welfare.

References

Dalton, H. (1920) ‘The measurement of the inequality of income’, Economic Journal 30: 348–61.

data (C8)

Measured observations obtained from officially or privately collected statistics: the raw material of empirical economics.

data-mining ...

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