Efficiency and stabilization: reducing Harberger triangles and Okun gaps

Authors
Hairault, JO Langot, F Portier, F
Citation
Jo. Hairault et al., Efficiency and stabilization: reducing Harberger triangles and Okun gaps, ECON LETT, 70(2), 2001, pp. 209-214
Citations number
6
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
70
Issue
2
Year of publication
2001
Pages
209 - 214
Database
ISI
SICI code
0165-1765(200102)70:2<209:EASRHT>2.0.ZU;2-2
Abstract
We provide in this paper a simple example of a dynamic stochastic imperfect ly competitive economy in which introducing some distortive taxation increa ses both allocation efficiency and stabilization. (C) 2001 Published by Els evier Science B.V.