MACROECONOMIC EXTERNALITIES - ARE PIGOUVIAN TAXES THE ANSWER
成果类型：
Article
署名作者：
AGELL, J; DILLEN, M
刊物名称：
JOURNAL OF PUBLIC ECONOMICS
ISSN/ISSBN：
0047-2727
DOI：
10.1016/0047-2727(94)90016-7
发表日期：
1994
页码：
111-126
关键词：
摘要：
Basic welfare economics tells us that many types of externalities can be remedied by proper use of corrective taxes and subsidies. This paper shows that this notion also extends to the macroeconomic externalities discussed in recent Keynesian literature on nominal price rigidities. The derived policy rules are kindred in spirit to standard Keynesian policy prescriptions: progressive taxes may serve a useful role in combating wasteful economic fluctuations. However, unlike older fix-price models of automatic stabilizers, progressive taxes work in our monopolistic economy because they directly affect the pricing mechanism
来源URL：