Separability and Public Finance

In a second best environment, the optimal policy choice sometimesfollows the first best rules. This note lays down the information structureand separability assumptions under which this property holds in a varietyof setups.

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Year of publication:	2008
Authors:	Gauthier, Stéphane ; Laroque, Guy
Institutions:	Centre de Recherche en Économie et Statistique (CREST), Groupe des Écoles Nationales d'Économie et Statistique (GENES)

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 2008-24 1 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005704034