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Jeudi 17 Décembre 2009

"Separability and Public Finance" avec Guy LAROQUE (CREST-INSEE, UCL et IFS)

de 14 h à 15 h 30 en Salle S016 à l'INSEE-CREST, 15 Boulevard Gabriel Péri, 92245 MALAKOFF (Métro : Malakoff/Plateau de Vanves (Immeuble "Malakoff 2)).

Dernier séminaire de l'année civile, nos séminaires reprendront le 7 Janvier 2010

Abstract : In a second best environment, the optimal policy choice sometimes follows first best rules, as described in a number of scattered works. This paper presents a formal general argument which allows to unify much of the literature. It lays down the information structure and separability assumptions under which the results hold in a variety of setups, with extensions to preference heterogeneity and individual production sets.