Pigouvian

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English[edit]

Etymology[edit]

Pigou +‎ -v- +‎ -ian

Adjective[edit]

Pigouvian (not comparable)

  1. Of or relating to Arthur Cecil Pigou (1877-1959), English economist.
    • 2023, Eric Sims, Jing Cynthia Wu, and Ji Zhang, The Four-Equation New Keynesian Model, The Review of Economics and Statistics 105(4), pp. 931--947 (online appendix D)
      This steady state distortion could be eliminated by appealing to a constant Pigouvian subsidy to labor, as is commonplace in the New Keynesian literature on optimal monetary policy.

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