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Choosing Size of Government Under Ambiguity: Infrastructure Spending and Income Taxation

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NBER2012-07-01 更新2025-01-04 收录
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Attempting to shed light on the optimal size of government, economists have analyzed planning problems that specify a set of feasible taxation-spending policies and a social welfare function. The analysis characterizes the optimal policy choice of a planner who knows the welfare achieved by each

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2012-07-01
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