Optimal time-consistent fiscal policy in an endogenous growth economy with public consumption and capital
Year of publication: |
2014
|
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Authors: | Novales, Alfonso ; Pérez, Rafaela ; Ruíz, Jesús |
Published in: |
Journal of macroeconomics. - Amsterdam [u.a.] : Elsevier, ISSN 0164-0704, ZDB-ID 796245-9. - Vol. 42.2014, p. 104-117
|
Subject: | Time-consistency | Markov-perfect optimal policy | Ramsey optimal policy | Endogenous growth | Income tax rate | Government spending composition | Endogenes Wachstumsmodell | Endogenous growth model | Theorie | Theory | Finanzpolitik | Fiscal policy | Optimale Besteuerung | Optimal taxation | Öffentliche Ausgaben | Public expenditure | Öffentliche Güter | Public goods | Zeitkonsistenz | Time consistency |
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