Over at VoxEU, Jeanne and Korinek discuss a time-varying macro-prudential tax on debt that would internalize and hence reduce the risk of a bust in the market for collateral.
Macroprudential taxation
- Post author By Richard Tol
- Post date November 30, 2010
- Categories In Fiscal Policy, Regulation
- Tags avoiding the next bust
- 2 Comments on Macroprudential taxation