maandag 29 november 2010

Managing credit booms and busts

The damage caused by the global crisis and fiscal crises in several developed countries has rejuvenated support for regulation and has reignited research interest. This column presents one recent proposal: A Pigouvian tax to help bring the amount of debt and capital held by the financial sector closer to the socially optimal level.
Read this article on VoxEU here.

Geen opmerkingen:

Een reactie posten