Separability and public finance

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.

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Year of publication:	2008
Authors:	Gauthier, Stéphane ; Laroque, Guy
Publisher:	London : Institute for Fiscal Studies (IFS)
Subject:	Öffentliche Finanzwirtschaft \| Einkommensumverteilung \| Indirekte Steuer \| Kopfsteuer \| Vollkommene Information \| Theorie \| separability \| second best optimality \| indirect taxes \| Samuelson rule \| Pigovian taxation

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Series:	IFS Working Papers ; 08,07
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	595014879 [GVK] hdl:10419/47465 [Handle]
Classification:	H21 - Efficiency; Optimal Taxation ; H11 - Structure, Scope, and Performance of Government
Source:	EconStor

Persistent link: https://www.econbiz.de/10010275714