期刊名称:IFS Working Papers / Institute for Fiscal Studies London
电子版ISSN:1742-0415
出版年度:2008
卷号:1
出版社:Institute for Fiscal Studies London
摘要: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.