Röell, Ailsa and Sussman, Oren (1997) Stabilization. European Economic Review, 41 (2). pp. 279-293.


We investigate the concepts of ‘activist macroeconomic policy’ and ‘stabilization’ within an optimal taxation framework when insurance markets are incomplete.

Item Type: Article
Keywords: Stabilization; Feed-back rules; Optimal taxation; Incomplete insurance markets
Subject(s): Finance
Centre: Faculty of Finance
Date Deposited: 19 Feb 2012 11:42
Last Modified: 23 Oct 2015 14:07

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