Fairness and Redistribution: Comment
通过一个例子表明,在Alesina和Angeletos(2005)的模型中,即使运气在经济中不起作用,也可能出现多重均衡,从而质疑了噪声信号比与税收关系的关键性。
We provide an example that shows that in the Alesina and Angeletos (2005) model one can obtain multiplicity even if luck plays no role in the economy. Thus, it is not critical that the noise to signal ratio be increasing in taxes, or that desired taxes are increasing in the noise to signal ratio.