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Optimal Fiscal Policy and Recursive Utility

Author

Listed:
  • Hanno Lustig
  • Chris Sleet

Abstract

We explore the implications of recursive utility for the conduct of fiscal policy.

Suggested Citation

  • Hanno Lustig & Chris Sleet, 2004. "Optimal Fiscal Policy and Recursive Utility," 2004 Meeting Papers 76, Society for Economic Dynamics.
  • Handle: RePEc:red:sed004:76
    as

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    More about this item

    Keywords

    Fiscal policy; recursive utility;

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue
    • H5 - Public Economics - - National Government Expenditures and Related Policies

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