Devereux, Michael P. (contributor); … - 2004 - [Elektronische Ressource]
Classification Numbers: H70,H71,H77
* We would like to thank participants at the UK Public Economics conference
in December 2003 for … of Economics, University of Warwick,
Coventry, CV4 7AL, UK. Email: b.lockwood@warwick.ac.uk
1. Introduction
This paper … q
i
= p
i
+ t
i
+ T. Without much loss of generality, assume
p
1
= p
2
=0. Every consumer values x units of the …