Directory UMM :Data Elmu:jurnal:E:Ecological Economics:Vol34.Issue1.Jul2000:
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Also, the private sector of country 1 anticipates manipulation of taxes (e.g. tax rate cuts by domestic government, because the fiscal authorities are also acting in a
We generate the inflation-output variability frontiers, as introduced in Taylor (1979), to investigate the effects of a particular characterization of potential output uncertainty
In Lindh and Malmberg (1998) age structure induced changes in the saving rate trigger an inflationary process unless the loan rate of interest is accommodating the changing
Some analysts who have evaluated the performance of policy rules in terms of stabilizing output and inflation fluctuations have argued that an optimal policy rule would not exhibit
Thus, this paper has shown that while some of the prior results on optimal environmental taxes are sensitive to tax normalizations, the essential policy implication — that the
