We analyze fiscal consolidations using a New-Keynesian model where agents have finite planning horizons and are … expectations up to a finite number of periods into the future. The length of agents' planning horizons plays an important role in … planning horizons, our model captures the positive comovement between private consumption and government spending observed in …

We analyze fiscal consolidations using a New-Keynesian model where agents have finite planning horizons and are … expectations up to a finite number of periods into the future. The length of agents' planning horizons plays an important role in … planning horizons, our model captures the positive comovement between private consumption and government spending observed in …

provided in terms of informational asymmetries, human capital externalities, and long planning horizons. Transparency is …

provided in terms of informational asymmetries, human capital externalities, and long planning horizons. Transparency is …

limits and complementarity, yielding broader applications for development theory. In this paper a theory of planning horizons …

horizons. The notion of planning horizons serves as an ordinal measure of rationality and organization, in a social systemic …The six metaphors analyzed in this paper unfold stepwise into an interdisciplinary systems framework based on planning …