Heterogeneous Beliefs and Optimal Taxation
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Bergin, James & Bernhardt, Dan, 1992.
"Anonymous sequential games with aggregate uncertainty,"
Journal of Mathematical Economics, Elsevier, vol. 21(6), pages 543-562.
- James Bergin & Dan Bernhardt, 1989. "Anonymous Sequential Games with Aggregate Uncertainty," Working Paper 760, Economics Department, Queen's University.
- Susan Athey & Andrew Atkeson & Patrick J. Kehoe, 2005.
"The Optimal Degree of Discretion in Monetary Policy,"
Econometrica, Econometric Society, vol. 73(5), pages 1431-1475, September.
- Susan Athey & Andrew Atkeson & Patrick J. Kehoe, 2002. "The optimal degree of discretion in monetary policy," Working Papers 626, Federal Reserve Bank of Minneapolis.
- Susan Athey & Andrew Atkeson & Patrick J. Kehoe, 2004. "The optimal degree of discretion in monetary policy," International Finance Discussion Papers 801, Board of Governors of the Federal Reserve System (U.S.).
- Susan Athey & Andrew Atkeson & Patrick Kehoe, 2003. "The Optimal Degree of Discretion in Monetary Policy," NBER Working Papers 10109, National Bureau of Economic Research, Inc.
- Athey, Susan & Atkeson, Andrew & Kehoe, Patrick J., 2004. "The optimal degree of discretion in monetary policy," Working Paper Series 338, European Central Bank.
- Susan Athey & Kyle Bagwell & Chris Sanchirico, 2004.
"Collusion and Price Rigidity,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 71(2), pages 317-349.
- Susan Athey & Kyle Bagwell & Chris Sanchirico, 1998. "Collusion and Price Rigidity," Working papers 98-23, Massachusetts Institute of Technology (MIT), Department of Economics.
- Kyle Bagwell, 2004. "Collusion and Price Rigidity," Theory workshop papers 658612000000000081, UCLA Department of Economics.
- Sleet, Christopher & Yeltekin, Sevin, 2006. "Optimal taxation with endogenously incomplete debt markets," Journal of Economic Theory, Elsevier, vol. 127(1), pages 36-73, March.
- V. V. Chari & Patrick J. Kehoe, 1993.
"Sustainable Plans and Mutual Default,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(1), pages 175-195.
- V. V. Chari & Mr. Patrick E. Kehoe, 1990. "Sustainable Plans and Mutual Default," IMF Working Papers 1990/022, International Monetary Fund.
- Sleet, Christopher, 2001. "On Credible Monetary Policy and Private Government Information," Journal of Economic Theory, Elsevier, vol. 99(1-2), pages 338-376, July.
- Mailath, George J. & Samuelson, Larry, 2006. "Repeated Games and Reputations: Long-Run Relationships," OUP Catalogue, Oxford University Press, number 9780195300796, Decembrie.
- Christopher Phelan & Ennio Stacchetti, 2001. "Sequential Equilibria in a Ramsey Tax Model," Econometrica, Econometric Society, vol. 69(6), pages 1491-1518, November.
- Chang, Roberto, 1998. "Credible Monetary Policy in an Infinite Horizon Model: Recursive Approaches," Journal of Economic Theory, Elsevier, vol. 81(2), pages 431-461, August.
- Sun, Yeneng, 2006. "The exact law of large numbers via Fubini extension and characterization of insurable risks," Journal of Economic Theory, Elsevier, vol. 126(1), pages 31-69, January.
- Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-491, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Yusuke Kinai, 2011. "Optimal Degree of Commitment in a Tax Policy," Discussion Papers in Economics and Business 11-11, Osaka University, Graduate School of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Susan Athey & Andrew Atkeson & Patrick J. Kehoe, 2005.
"The Optimal Degree of Discretion in Monetary Policy,"
Econometrica, Econometric Society, vol. 73(5), pages 1431-1475, September.
- Susan Athey & Andrew Atkeson & Patrick J. Kehoe, 2002. "The optimal degree of discretion in monetary policy," Working Papers 626, Federal Reserve Bank of Minneapolis.
- Susan Athey & Andrew Atkeson & Patrick J. Kehoe, 2004. "The optimal degree of discretion in monetary policy," International Finance Discussion Papers 801, Board of Governors of the Federal Reserve System (U.S.).
- Susan Athey & Andrew Atkeson & Patrick J. Kehoe, 2004. "The optimal degree of discretion in monetary policy," Staff Report 326, Federal Reserve Bank of Minneapolis.
- Susan Athey & Andrew Atkeson & Patrick Kehoe, 2003. "The Optimal Degree of Discretion in Monetary Policy," NBER Working Papers 10109, National Bureau of Economic Research, Inc.
- Athey, Susan & Atkeson, Andrew & Kehoe, Patrick J., 2004. "The optimal degree of discretion in monetary policy," Working Paper Series 338, European Central Bank.
- Sleet, Christopher & Yeltekin, Sevin, 2006. "Optimal taxation with endogenously incomplete debt markets," Journal of Economic Theory, Elsevier, vol. 127(1), pages 36-73, March.
- Sleet, Christopher & Yeltekin, Sevin, 2007. "Recursive monetary policy games with incomplete information," Journal of Economic Dynamics and Control, Elsevier, vol. 31(5), pages 1557-1583, May.
- Kurozumi, Takushi, 2008. "Optimal sustainable monetary policy," Journal of Monetary Economics, Elsevier, vol. 55(7), pages 1277-1289, October.
- Waki, Yuichiro & Dennis, Richard & Fujiwara, Ippei, 2018.
"The optimal degree of monetary-discretion in a New Keynesian model with private information,"
Theoretical Economics, Econometric Society, vol. 13(3), September.
- Yuichio Waki & Richard Dennis & Ippei Fujiwara, 2015. "The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information," Working Papers 2015_02, Business School - Economics, University of Glasgow.
- YuichiroWaki & Richard Dennis & Ippei Fujiwara, 2015. "The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information," UTokyo Price Project Working Paper Series 044, University of Tokyo, Graduate School of Economics.
- Waki, Yuichiro & Dennis, Richard & Fujiwara, Ippei, 2015. "The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information," SIRE Discussion Papers 2015-66, Scottish Institute for Research in Economics (SIRE).
- Richard Dennis & Ippei Fujiwara & Yuichiro Waki, 2017. "The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information," Globalization Institute Working Papers 320, Federal Reserve Bank of Dallas.
- WAKI Yuichiro & Richard DENNIS & FUJIWARA Ippei, 2015. "The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information," Discussion papers 15007, Research Institute of Economy, Trade and Industry (RIETI).
- Oscar Mauricio VALENCIA ARANA, 2006. "Imperfect Government Insurance and Treasury Securities Markets," Archivos de Economía 2814, Departamento Nacional de Planeación.
- Waki, Yuichiro & Dennis, Richard & Fujiwara, Ippei, 2015. "The Optimal Degree of Monetary-Discretion in a New Keynesian Model with Private Information," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN 2015-66, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Juan Passadore & Juan Xandri, 2019. "Robust Predictions in Dynamic Policy Games," 2019 Meeting Papers 1345, Society for Economic Dynamics.
- Jean Barthélemy & Eric Mengus, 2017.
"Credibility and Monetary Policy,"
Working Papers
hal-03457527, HAL.
- Jean Barthélemy & Eric Mengus, 2017. "Credibility and Monetary Policy," Sciences Po publications 2017-01, Sciences Po.
- Jean Barthélemy & Eric Mengus, 2018. "Monetary Rules, Determinacy and Limited Enforcement," Working papers 700, Banque de France.
- Jean Barthélemy & Eric Mengus, 2017. "Credibility and Monetary Policy," SciencePo Working papers Main hal-03457527, HAL.
- Jean Barthelemy & Eric Mengus, 2017. "Credibility and Monetary Policy," Working Papers hal-01970733, HAL.
- Mengus, Eric & Barthelemy, Jean, 2017. "Monetary Rules, Determinacy and Limited Enforcement," HEC Research Papers Series 1202, HEC Paris, revised 11 May 2019.
- Balbus, Łukasz & Reffett, Kevin & Woźny, Łukasz, 2013. "A constructive geometrical approach to the uniqueness of Markov stationary equilibrium in stochastic games of intergenerational altruism," Journal of Economic Dynamics and Control, Elsevier, vol. 37(5), pages 1019-1039.
- Schaumburg, Ernst & Tambalotti, Andrea, 2007.
"An investigation of the gains from commitment in monetary policy,"
Journal of Monetary Economics, Elsevier, vol. 54(2), pages 302-324, March.
- Ernst Schaumburg & Andrea Tambalotti, 2003. "An investigation of the gains from commitment in monetary policy," Staff Reports 171, Federal Reserve Bank of New York.
- Ernst Schaumburg & Andrea Tambalotti, 2003. "An Investigation of the Gains from Commitment in Monetary Policy," Macroeconomics 0302004, University Library of Munich, Germany.
- Andrea Tambalotti & Ernst Schaumburg, 2004. "An Investigation of the Gains from Commitment in Monetary Policy," Econometric Society 2004 North American Summer Meetings 282, Econometric Society.
- Newby, Elisa, 2012.
"The suspension of the gold standard as sustainable monetary policy,"
Journal of Economic Dynamics and Control, Elsevier, vol. 36(10), pages 1498-1519.
- Newby, E., 2008. "The Suspension of the Gold Standard as Sustainable Monetary Policy," Cambridge Working Papers in Economics 0856, Faculty of Economics, University of Cambridge.
- Elisa Newby, 2009. "The Suspension of the Gold Standard as Sustainable Monetary Policy," CDMA Conference Paper Series 0907, Centre for Dynamic Macroeconomic Analysis.
- Zachary Bethune & Guillaume Rocheteau & Tsz-Nga Wong & Cathy Zhang, 2022.
"Lending Relationships and Optimal Monetary Policy [A Comprehensive Revision of the U.S. Monetary Services (Divisia) Indexes],"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 89(4), pages 1833-1872.
- Guillaume Rocheteau & Tsz-Nga Wong & Cathy Zhang, 2018. "Lending Relationships and Optimal Monetary Policy," Purdue University Economics Working Papers 1306, Purdue University, Department of Economics.
- Zachary Bethune & Guillaume Rocheteau & Tsz-Nga Wong & Cathy Zhang, 2021. "Lending Relationships and Optimal Monetary Policy," Post-Print hal-04120465, HAL.
- Zachary Bethune & Guillaume Rocheteau & Russell Wong & Cathy Zhang, 2020. "Lending Relationships and Optimal Monetary Policy," Working Paper 20-13, Federal Reserve Bank of Richmond.
- Ales, Laurence & Maziero, Pricila & Yared, Pierre, 2014.
"A theory of political and economic cycles,"
Journal of Economic Theory, Elsevier, vol. 153(C), pages 224-251.
- Laurence Ales & Pricila Maziero & Pierre Yared, 2012. "A Theory of Political and Economic Cycles," NBER Working Papers 18354, National Bureau of Economic Research, Inc.
- Begoña Domínguez & Pedro Gomis‐Porqueras, 2021.
"On the Time Inconsistency of Optimal Monetary and Fiscal Policies with Many Consumer Goods,"
Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(1), pages 60-83, January.
- Begoña Dominguez & Pedro Gomis-Porqueras, 2012. "On the Time Inconsistency of Optimal Monetary and Fiscal Policies With Many Consumer Goods," Monash Economics Working Papers 31-12, Monash University, Department of Economics.
- Alex Clymo & Andrea Lanteri, 2020.
"Fiscal Policy with Limited-Time Commitment,"
The Economic Journal, Royal Economic Society, vol. 130(627), pages 623-652.
- Alex Clymo & Andrea Lanteri, 2016. "Fiscal Policy with Limited-Time Commitment," Tinbergen Institute Discussion Papers 16-056/VI, Tinbergen Institute.
- Gary Gorton & Ping He, 2023.
"Optimal monetary policy in a collateralized economy,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 75(1), pages 55-89, January.
- Gary Gorton & Ping He, 2016. "Optimal Monetary Policy in a Collateralized Economy," NBER Working Papers 22599, National Bureau of Economic Research, Inc.
- Zhigang Feng, 2015. "Time‐consistent optimal fiscal policy over the business cycle," Quantitative Economics, Econometric Society, vol. 6(1), pages 189-221, March.
- Catarina Reis, 2013.
"Taxation without commitment,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(2), pages 565-588, March.
- Reis, Catarina, 2006. "Taxation without Commitment," MPRA Paper 2071, University Library of Munich, Germany.
- Catarina Reis, 2007. "Taxation without Commitment," 2007 Meeting Papers 470, Society for Economic Dynamics.
- Facundo Albornoz & Joan-Maria Esteban & Paolo Vanin, 2009.
"Government Information Transparency,"
Working Papers
392, Barcelona School of Economics.
- Joan Esteban & Facundo Albornoz & Paolo Vanin, 2009. "Government Information Transparency," UFAE and IAE Working Papers 774.09, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC), revised 10 Feb 2010.
- Facundo Albornoz & Joan Esteban & Paolo Vanin, 2009. "Government Information Transparency," Discussion Papers 09-03, Department of Economics, University of Birmingham.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:red:sed009:826. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christian Zimmermann (email available below). General contact details of provider: https://edirc.repec.org/data/sedddea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.