作者：GUSTMAN, AL; STEINMEIER, TL
作者单位：National Bureau of Economic Research; Texas Tech University System; Texas Tech University
作者：HOLLAND, JH; MILLER, JH
作者单位：Carnegie Mellon University
作者：YITZHAKI, S; SLEMROD, J
作者单位：University of Michigan System; University of Michigan
作者：DEJONG, DN; WHITEMAN, CH
作者单位：University of Iowa
作者：LORD, W; RANGAZAS, P
作者单位：Purdue University System; Purdue University; Purdue University in Indianapolis
作者：ALESINA, A; DRAZEN, A
作者单位：National Bureau of Economic Research; University System of Maryland; University of Maryland College Park; Centre for Economic Policy Research - UK
摘要：When a stabilization has significant distributional implications (e.g., tax increases to eliminate a large budget deficit), socioeconomic groups may attempt to shift the burden of stabilization onto other groups. The process leading to stabilization becomes a war of attrition, each group attempting to wait the others out and stabilization occurring only when one group concedes and bears a disproportionate share of the burden. We solve for the expected time of stabilization in a model of ration...
作者：DECROMBRUGGHE, A; ROUBINI, N; SACHS, JD
作者单位：Yale University
