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Can Government Gold Be Put to Better Use? : Qualitative and Quantitative Effects of Alternative Government Policies

Henderson, Dale W. - 2008

Gold has both private uses (depletion uses and service uses) and government uses. It can be obtained from mines with high extraction costs and quantitatively the gain in welfare and its distribution. Any policy in a class maximizes welfare from private uses. One policy involves selling all...

Persistent link: https://www.econbiz.de/10012728408