The Economic Effects of Production Taxes in a Stochastic Growth Model
在一个简单的随机增长模型中分析随机生产税的影响，通过比较不确定性和完全预见下的经济结果，强调不确定性对个体决策的重要性。
This paper analyzes the effects of stochastic taxes on production in simple stochastic growth model. In so doing, the paper explicitly examines the importance of uncertainty on the decisions of individual agents. This importance is emphasized by comparing economic outcome to various realizations of tax rates under uncertainty and perfect foresight. Copyright 1990 by American Economic Association.