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Fiscal policy, wealth divergence, and lifetime utility

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  • Yoshiyasu Ono
  • Shinsuke Ikeda

Abstract

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Suggested Citation

  • Yoshiyasu Ono & Shinsuke Ikeda, 1996. "Fiscal policy, wealth divergence, and lifetime utility," Journal of Economics, Springer, vol. 64(3), pages 265-280, October.
    • Handle: RePEc:kap:jeczfn:v:64:y:1996:i:3:p:265-280
    DOI: 10.1007/BF01250129
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    References listed on IDEAS

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    1. Kehoe, Patrick J., 1987. "Coordination of fiscal policies in a world economy," Journal of Monetary Economics, Elsevier, vol. 19(3), pages 349-376, May.
    2. Ono, Yoshiyasu & Shibata, Akihisa, 1992. "Spill-over effects of supply-side changes in a two-country economy with capital accumulation," Journal of International Economics, Elsevier, vol. 33(1-2), pages 127-146, August.
    3. Ono, Y. & Ikeda, S., 1990. "International Welfare Effects of Saving Controls and Trade Restrictions," ISER Discussion Paper 0235, Institute of Social and Economic Research, Osaka University.
    4. Chari, V V & Kehoe, Patrick J, 1990. "International Coordination of Fiscal Policy in Limiting Economies," Journal of Political Economy, University of Chicago Press, vol. 98(3), pages 617-636, June.
    5. Djajic, Slobodan, 1987. "Effects of budgetary policies in open economies: The role of intertemporal consumption substitution," Journal of International Money and Finance, Elsevier, vol. 6(3), pages 373-383, September.
    6. Bewley, Truman, 1982. "An integration of equilibrium theory and turnpike theory," Journal of Mathematical Economics, Elsevier, vol. 10(2-3), pages 233-267, September.
    7. Olivier Jean Blanchard & Stanley Fischer, 1989. "Lectures on Macroeconomics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262022834, December.
    8. Ikeda, Shinsuke & Ono, Yoshiyasu, 1992. "Macroeconomic Dynamics in a Multi-country Economy: A Dynamic Optimization Approach," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 33(3), pages 629-644, August.
    9. Robert A. Becker, 1980. "On the Long-Run Steady State in a Simple Dynamic Model of Equilibrium with Heterogeneous Households," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 95(2), pages 375-382.
    10. Devereux, Michael B & Mansoorian, Arman, 1992. "International Fiscal Policy Coordination and Economic Growth," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 33(2), pages 249-268, May.
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    Cited by:

    1. Yano, Makoto & Honryo, Takakazu, 2010. "Trade imbalances and harmonization of competition policies," Journal of Mathematical Economics, Elsevier, vol. 46(4), pages 438-452, July.

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    More about this item

    Keywords

    fiscal spending; heterogeneous agents; lifetime utility; F34; F41; E62;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory

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