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Time consistency and optimal government policies in perfect foresight equilibrium

Citations

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Cited by:

  1. Osang, Thomas & Pereira, Alfredo, 1996. "Import tariffs and growth in a small open economy," Journal of Public Economics, Elsevier, vol. 60(1), pages 45-71, April.
  2. Petrucci, Alberto, 2003. "Money, endogenous fertility and economic growth," Journal of Macroeconomics, Elsevier, vol. 25(4), pages 527-539, December.
  3. Gaowang Wang & Heng-fu Zou, 2011. "Inflation Aversion and the Optimal Inflation Tax," Annals of Economics and Finance, Society for AEF, vol. 12(1), pages 13-30, May.
  4. George-Marios Angeletos, 2000. "Fiscal Policy and the Maturity Structure with Non-Contingent Debt," Econometric Society World Congress 2000 Contributed Papers 0802, Econometric Society.
  5. Xie, Danyang, 1997. "On Time Inconsistency: A Technical Issue in Stackelberg Differential Games," Journal of Economic Theory, Elsevier, vol. 76(2), pages 412-430, October.
  6. Salvador Ortigueira, 2004. "Markovian Optimal Taxation," 2004 Meeting Papers 315, Society for Economic Dynamics.
  7. Salvador Ortigueira, 2006. "Markov-Perfect Optimal Taxation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 9(1), pages 153-178, January.
  8. Alberto Alesina & Guido Tabellini, 1987. "A Positive Theory of Fiscal Deficits and Government Debt in a Democracy," NBER Working Papers 2308, National Bureau of Economic Research, Inc.
  9. Van Der Ploeg, F., 1991. "Unanticipated Inflation and Government Finance : The Case for an Independent Common Central Bank," Papers 9115, Tilburg - Center for Economic Research.
  10. de Jong, F.C.J.M., 1993. "Empirical studies on exchange rate target zones and the microstructure of securities markets," Other publications TiSEM 5dd3028d-662c-415a-ba9d-2, Tilburg University, School of Economics and Management.
  11. Mulder, C.B., 1989. "Efficient and inefficient institutional arrangements between governments and trade unions : An explanation of high unemployment, corporatism and union fashing," Research Memorandum FEW 375, Tilburg University, School of Economics and Management.
  12. Thomas J. Sargent, 1986. "Government debt and taxes," Working Papers 293, Federal Reserve Bank of Minneapolis.
  13. Gong, Liutang & Zou, Heng-fu, 2002. "Optimal taxation and intergovernmental transfer in a dynamic model with multiple levels of government," Journal of Economic Dynamics and Control, Elsevier, vol. 26(12), pages 1975-2003, October.
  14. Pi‐Han Tsai & Chien‐Yu Huang & Tsun‐Feng Chiang, 2020. "Fiscal Expenditure And Industrial Land Price In China: Theory And Evidence," Contemporary Economic Policy, Western Economic Association International, vol. 38(4), pages 593-606, October.
  15. Turnovsky, Stephen J., 1985. "Domestic and foreign disturbances in an optimizing model of exchange-rate determination," Journal of International Money and Finance, Elsevier, vol. 4(1), pages 151-171, March.
  16. Horowitz, John K., 1996. "Environmental policy under a non-market discount rate," Ecological Economics, Elsevier, vol. 16(1), pages 73-78, January.
  17. Gradus, R.H.J.M., 1990. "Optimal dynamic profit taxation : The derivation of feedback Stackelberg equilibria," Research Memorandum FEW 434, Tilburg University, School of Economics and Management.
  18. Gradus, R.H.J.M., 1989. "Optimal dynamic taxation, saving and investment," Other publications TiSEM eed2cea0-a246-4791-a619-0, Tilburg University, School of Economics and Management.
  19. Gradus, R.H.J.M. & Kort, P.M., 1992. "On time-inconsistency and pollution control : A macroeconomic approach," Other publications TiSEM 2b5569bb-a926-490e-b4f7-5, Tilburg University, School of Economics and Management.
  20. Finn Kydland, 1983. "Implications of dynamic optimal taxation for the evolution of tax structures," Public Choice, Springer, vol. 41(1), pages 229-235, January.
  21. R. Cellini & L. Lambertini, 2003. "On the Dynamic Consistency of Optimal Monetary Policy," Working Papers 463, Dipartimento Scienze Economiche, Universita' di Bologna.
  22. Yazmín V. Soriano-Morales & Francisco Venegas-Martínez & Benjamín Vallejo-Jiménez, 2015. "Determination of the equilibrium expansion rate of money when money supply is driven by a time-homogeneous Markov modulated jump diffusion process," Economics Bulletin, AccessEcon, vol. 35(4), pages 2074-2084.
  23. Gradus, R.H.J.M. & Kort, P.M., 1991. "Optimal taxation on profit and pollution with a macroeconomic framework," Other publications TiSEM 4d9db8d3-9fc5-4b55-9dbd-0, Tilburg University, School of Economics and Management.
  24. Drazen, Allan, 1983. "The Inflationary Effects of Short-Run Anti-Inflation Programs," Foerder Institute for Economic Research Working Papers 275369, Tel-Aviv University > Foerder Institute for Economic Research.
  25. Martin, Fernando M., 2015. "Policy And Welfare Effects Of Within-Period Commitment," Macroeconomic Dynamics, Cambridge University Press, vol. 19(7), pages 1401-1426, October.
  26. Piersanti, Giovanni, 2012. "The Macroeconomic Theory of Exchange Rate Crises," OUP Catalogue, Oxford University Press, number 9780199653126.
  27. Stephanie Schmitt-Grohé & Martín Uribe, 2006. "Optimal Fiscal and Monetary Policy in a Medium-Scale Macroeconomic Model," NBER Chapters, in: NBER Macroeconomics Annual 2005, Volume 20, pages 383-462, National Bureau of Economic Research, Inc.
  28. Horowitz, John K., 1995. "Environmental Policy Under a Non-Market Discount Rate," Working Papers 197828, University of Maryland, Department of Agricultural and Resource Economics.
  29. L. Lambertini, 2002. "Stackelberg Leadership in a Dynamic Duopoly with Capital Accumulation," Working Papers 442, Dipartimento Scienze Economiche, Universita' di Bologna.
  30. Hirte, Georg, 2001. "Pension Policies for an Aging Society," Beiträge zur Finanzwissenschaft, Mohr Siebeck, Tübingen, edition 1, volume 14, number urn:isbn:9783161475399, September.
  31. Marcus Miller & Mark Salmon, 1985. "Policy Coordination and Dynamic Games," NBER Chapters, in: International Economic Policy Coordination, pages 184-227, National Bureau of Economic Research, Inc.
  32. Kendrick, David A., 2005. "Stochastic control for economic models: past, present and the paths ahead," Journal of Economic Dynamics and Control, Elsevier, vol. 29(1-2), pages 3-30, January.
  33. Yongyang Cai & Simon Scheidegger & Sevin Yeltekin & Philipp Renner & Kenneth Judd, 2017. "Optimal Dynamic Fiscal Policy with Endogenous Debt Limits," 2017 Meeting Papers 1543, Society for Economic Dynamics.
  34. Kevin J. Lansing, 1993. "Dynamic optimal fiscal and monetary policy in a business cycle model with income redistribution," Working Papers (Old Series) 9308, Federal Reserve Bank of Cleveland.
  35. Salim Ergene, 2015. "Growth, inflation, interest rate and informality: Panel VAR evidence from OECD Economies," Economics Bulletin, AccessEcon, vol. 35(1), pages 750-763.
  36. Lansing, Kevin J., 1999. "Optimal redistributive capital taxation in a neoclassical growth model," Journal of Public Economics, Elsevier, vol. 73(3), pages 423-453, September.
  37. Shieh, Jhy-yuan & Chen, Jhy-hwa & Lai, Ching-chong, 2006. "Government spending, capital accumulation and the optimal policy rule: The role of public service capital," Economic Modelling, Elsevier, vol. 23(6), pages 875-889, December.
  38. Kono, Tatsuhito & Notoya, Hiromichi, 2012. "Is Mandatory Project Evaluation Always Appropriate? Dynamic Inconsistencies of Irreversible and Reversible Projects," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 3(1), pages 1-31, January.
  39. Peter J. Stemp & Stephen J. Turnovsky, 1986. "Optimal Monetary Policy in an Open Economy," NBER Working Papers 2018, National Bureau of Economic Research, Inc.
  40. Roque Fernández, 1989. "Institucionalidad Económica y Estabilidad Política," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 26(78), pages 169-176.
  41. Buiter, Willem H. & Kletzer, Kenneth M., 1991. "The welfare economics of cooperative and noncooperative fiscal policy," Journal of Economic Dynamics and Control, Elsevier, vol. 15(1), pages 215-244.
  42. Turnovsky, Stephen J., 1987. "Optimal monetary growth with accommodating fiscal policy in a small open economy," Journal of International Money and Finance, Elsevier, vol. 6(2), pages 179-193, June.
  43. Christophe Chamley, 1984. "Optimal Taxation of Capital Income in Economies with Identical Private and Social Discount Rates," Cowles Foundation Discussion Papers 699, Cowles Foundation for Research in Economics, Yale University.
  44. Liutang Gong & Yuzhe Zhang & Heng-fu Zou, 2008. "Foreign Aid, Public Spending, Optimal Fiscal and Monetary Policies, and Long-Run Growth," CEMA Working Papers 309, China Economics and Management Academy, Central University of Finance and Economics.
  45. Sargent, Thomas J., 2024. "Critique and consequence," Journal of Monetary Economics, Elsevier, vol. 141(C), pages 2-13.
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