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Type: IFS Working Papers Authors: Stéphane Gauthier and Guy Laroque ISSN: 1742-0415
Volume, issue, pages: 18 pp.
JEL classification: H21, H11 Keywords: separability, second best optimality, indirect taxes, Samuelson rule, Pigovian taxation
In a second best environment, the optimal policy choice sometimes follows the first best rules. This note lays down the information structure and separability assumptions under which this property holds in a variety of setups. Search |
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