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Title:Separability and public finance PDF Logo
Authors:Gauthier, Stéphane
Laroque, Guy
Issue Date:2008
Series/Report no.:IFS working papers 08,07
Abstract: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.
Subjects:separability
second best optimality
indirect taxes
Samuelson rule
Pigovian taxation
JEL:H21
H11
Document Type:Working Paper
Appears in Collections:IFS Working Papers, Institute for Fiscal Studies (IFS)

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