Balanced-budget rules and macroeconomic (in)stability
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Cooley, Thomas F. & Hansen, Gary D., 1992.
"Tax distortions in a neoclassical monetary economy,"
Journal of Economic Theory, Elsevier, vol. 58(2), pages 290-316, December.
- Thomas F. Cooley & Gary D. Hansen, 1991. "Tax distortions in a neoclassical monetary economy," Discussion Paper / Institute for Empirical Macroeconomics 38, Federal Reserve Bank of Minneapolis.
- Cooley, T.F. & Hansen, G.D., 1991. "The Distortions in a Neoclassical Monetary Economy," Papers 91-01, Rochester, Business - General.
- Cooley, T.F. & Hansen, G.D., 1991. "Tax Distortions in a Neoclassical Monetary Economy," RCER Working Papers 265, University of Rochester - Center for Economic Research (RCER).
- Benhabib, Jess & Farmer, Roger E.A., 1999. "Indeterminacy and sunspots in macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 6, pages 387-448, Elsevier.
- Hansen, Gary D., 1985.
"Indivisible labor and the business cycle,"
Journal of Monetary Economics, Elsevier, vol. 16(3), pages 309-327, November.
- Gary Hansen, 2010. "Indivisible Labor and the Business Cycle," Levine's Working Paper Archive 233, David K. Levine.
- Guo, Jang-Ting & Lansing, Kevin J., 1998.
"Indeterminacy and Stabilization Policy,"
Journal of Economic Theory, Elsevier, vol. 82(2), pages 481-490, October.
- Jang-Ting Guo & Kevin J. Lansing, 1997. "Indeterminacy and stabilization policy," Working Papers (Old Series) 9708, Federal Reserve Bank of Cleveland.
- Schmitt-Grohe, Stephanie & Uribe, Martin, 1997.
"Balanced-Budget Rules, Distortionary Taxes, and Aggregate Instability,"
Journal of Political Economy, University of Chicago Press, vol. 105(5), pages 976-1000, October.
- Stephanie Schmitt-Grohe & Martin Uribe, 1995. "Balanced-budget rules, distortionary taxes, and aggregate instability," Finance and Economics Discussion Series 95-44, Board of Governors of the Federal Reserve System (U.S.).
- Rogerson, Richard, 1988.
"Indivisible labor, lotteries and equilibrium,"
Journal of Monetary Economics, Elsevier, vol. 21(1), pages 3-16, January.
- Richard Rogerson, 2010. "Indivisible Labor, Lotteries and Equilibrium," Levine's Working Paper Archive 250, David K. Levine.
- Rotemberg, Julio J & Woodford, Michael, 1992.
"Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity,"
Journal of Political Economy, University of Chicago Press, vol. 100(6), pages 1153-1207, December.
- Julio J. Rotemberg & Michael Woodford, 1989. "Oligopolistic Pricing and the Effects of Aggregate Demand on Economic Activity," NBER Working Papers 3206, National Bureau of Economic Research, Inc.
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.- Juin‐Jen Chang & Jang‐Ting Guo & Jhy‐Yuan Shieh & Wei‐Neng Wang, 2015.
"Sectoral Composition Of Government Spending And Macroeconomic (In)Stability,"
Economic Inquiry, Western Economic Association International, vol. 53(1), pages 23-33, January.
- Jang-Ting Guo & Juin-Jen Chang & Jhy-Yuan Shieh & Wei-Neng Wang, 2013. "Sectoral Composition of Government Spending and Macroeconomic (In)stability," Working Papers 201305, University of California at Riverside, Department of Economics, revised Sep 2013.
- Juin-Jen Chang & Jang-Ting Guo & Jhy-Yuan Shieh & Wei-Neng Wang, 2013. "Sectoral Composition of Government Spending and Macroeconomic (In)stability," IEAS Working Paper : academic research 13-A010, Institute of Economics, Academia Sinica, Taipei, Taiwan.
- Chen, Shu-Hua & Guo, Jang-Ting, 2014.
"Progressive taxation and macroeconomic (in)stability with utility-generating government spending,"
Journal of Macroeconomics, Elsevier, vol. 42(C), pages 174-183.
- Jang-Ting Guo & Shu-Hua Chen, 2013. "Progressive Taxation and Macroeconomic (In)stability with Utility-Generating Government Spending," Working Papers 201302, University of California at Riverside, Department of Economics, revised Apr 2013.
- Kevin X.D. Huang & Qinglai Meng & Jianpo Xue, 2018.
"Balanced‐Budget Rules and Aggregate Instability: The Role of Endogenous Capital Utilization,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 50(8), pages 1669-1709, December.
- Kevin x.d. Huang & Qinglai Meng & Jianpo Xue, 2017. "Balanced-budget rules and aggregate instability: The role of endogenous capital utilization," Vanderbilt University Department of Economics Working Papers 17-00005, Vanderbilt University Department of Economics.
- Kevin X.D. Huang & Qinglai Meng & Jianpo Xue, 2019. "Capital Income Taxation and Aggregate Instability," Vanderbilt University Department of Economics Working Papers 19-00007, Vanderbilt University Department of Economics.
- Guo, Jang-Ting & Zhang, Yan, 2022.
"Balanced-budget rules and macroeconomic stability with overlapping generations,"
Journal of Macroeconomics, Elsevier, vol. 74(C).
- Jang-Ting Guo & Yan Zhang, 2021. "Balanced-Budget Rules and Macroeconomic Stability with Overlapping Generations," Working Papers 202109, University of California at Riverside, Department of Economics.
- Chen, Shu-Hua & Guo, Jang-Ting, 2013.
"Progressive taxation and macroeconomic (In) stability with productive government spending,"
Journal of Economic Dynamics and Control, Elsevier, vol. 37(5), pages 951-963.
- Jang-Ting Guo & Shu-Hua Chen, 2010. "Progressive Taxation and Macroeconomic (In)stability with Productive Government Spending," Working Papers 201006, University of California at Riverside, Department of Economics, revised Aug 2010.
- Kevin x.d. Huang & Qinglai Meng & Jianpo Xue, 2019. "Capital Income Taxation and Aggregate Instability," Vanderbilt University Department of Economics Working Papers 19-00007, Vanderbilt University Department of Economics.
- Jang-Ting Guo & Sharon G. Harrison, 2015.
"Indeterminacy with Progressive Taxation and Sector-Specific Externalities,"
Pacific Economic Review, Wiley Blackwell, vol. 20(2), pages 268-281, May.
- Jang-Ting Guo & Sharon G. Harrison, 2014. "Indeterminacy with Progressive Taxation and Sector-Specific Externalities," Working Papers 201403, University of California at Riverside, Department of Economics.
- Nikolaos Kokonas & Paulo Santos Monteiro, 2023. "Self-fulfilling labor wedge fluctuations and unemployment insurance," Discussion Papers 2313, Centre for Macroeconomics (CFM).
- Hyun Park, 2015. "Aggregate Instability and Fiscal Policies: Balanced Budget Rules and Productive Public Spending," Korean Economic Review, Korean Economic Association, vol. 31, pages 25-56.
- Fujio Takata, 2018. "The Conditions for Indeterminacy in Two Types of Balanced Budget Rules - Reconsidered," Discussion Papers 1806, Graduate School of Economics, Kobe University.
- Guo, Jang-Ting, 1999. "Multiple equilibria and progressive taxation of labor income," Economics Letters, Elsevier, vol. 65(1), pages 97-103, October.
- Juin‐Jen Chang & Jang‐Ting Guo & Jhy‐Yuan Shieh & Wei‐Neng Wang, 2019.
"Sectoral composition of government spending, distortionary income taxation, and macroeconomic (in)stability,"
International Journal of Economic Theory, The International Society for Economic Theory, vol. 15(1), pages 95-107, March.
- Jang-Ting Guo & Juin-Jen Chang & Jhy-Yuan Shieh & Wei-Neng Wang, 2017. "Sectoral Composition of Government Spending, Distortionary Income Taxation, and Macroeconomic (In)stabilit," Working Papers 201702, University of California at Riverside, Department of Economics.
- Patrick Pintus, 2004. "International Capital Mobility and Aggregate Volatility: the Case of Credit-Rationed Open Economies," Computing in Economics and Finance 2004 193, Society for Computational Economics.
- Guo, Jang-Ting & Lansing, Kevin J., 2002.
"Fiscal Policy, Increasing Returns, And Endogenous Fluctuations,"
Macroeconomic Dynamics, Cambridge University Press, vol. 6(5), pages 633-664, November.
- Jang-Ting Guo & Kevin J. Lansing, 1999. "Fiscal policy, increasing returns, and endogenous fluctuations," Working Papers in Applied Economic Theory 99-08, Federal Reserve Bank of San Francisco.
- Vasilev, Aleksandar, 2015.
"Welfare gains from the adoption of proportional taxation in a general-equilibrium model with a grey economy: the case of Bulgaria's 2008 flat tax reform,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 48(2), pages 169-185.
- Aleksandar Vasilev, 2015. "Welfare gains from the adoption of proportional taxation in a general-equilibrium model with a grey economy: the case of Bulgaria’s 2008 flat tax reform," Economic Change and Restructuring, Springer, vol. 48(2), pages 169-185, May.
- Vasilev, Aleksandar, 2015. "Welfare gains from the adoption of proportional taxation in a general-equilibrium model with a grey economy: the case of Bulgaria's 2008 flat tax reform," EconStor Preprints 144528, ZBW - Leibniz Information Centre for Economics.
- Robert E. Hall, 2007.
"Cyclical movements along the labor supply function,"
Monograph,
Federal Reserve Bank of Boston, number 52.
- Robert E. Hall, 2007. "Cyclical movements along the labor supply function," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 52.
- Thomas Seegmuller, 2005.
"Steady state analysis and endogenous fluctuations in a finance constrained model,"
Cahiers de la Maison des Sciences Economiques
v05029, Université Panthéon-Sorbonne (Paris 1).
- Thomas Seegmuller, 2005. "Steady state analysis and endogenous fluctuations in a finance constrained model," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00194358, HAL.
- Thomas Seegmuller, 2005. "Steady state analysis and endogenous fluctuations in a finance constrained model," Post-Print halshs-00194358, HAL.
- Herrendorf, Berthold & Valentinyi, Akos, 2006.
"On the stability of the two-sector neoclassical growth model with externalities,"
Journal of Economic Dynamics and Control, Elsevier, vol. 30(8), pages 1339-1361, August.
- Berthold Herrendorf & Akos Valentinyi, "undated". "On the Stability of the Two-Sector Neoclassical Growth Model with Externalities," Working Papers 2167721, Department of Economics, W. P. Carey School of Business, Arizona State University.
- Herrendorf, Berthold & Valentinyi, Akos, 2002. "On the Stability of the Two-Sector Neoclassical Growth Model with Externalities," CEPR Discussion Papers 3435, C.E.P.R. Discussion Papers.
- Chryssi Giannitsarou, 2007.
"Balanced Budget Rules and Aggregate Instability: The Role of Consumption Taxes,"
Economic Journal, Royal Economic Society, vol. 117(523), pages 1423-1435, October.
- Chryssi Giannitsarou, 2004. "Balanced Budget Rules and Aggregate Instability: The Role of Consumption Taxes," Econometric Society 2004 North American Summer Meetings 173, Econometric Society.
- Chryssi Giannitsarou, 2004. "Balanced Budget Rules and Aggregate Instability: The Role of Consumption Taxes," Econometric Society 2004 North American Winter Meetings 498, Econometric Society.
- Giannitsarou, Chryssi, 2006. "Balanced Budget Rules and Aggregate Instability: The Role of Consumption Taxes," CEPR Discussion Papers 5531, C.E.P.R. Discussion Papers.
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:eee:jetheo:v:119:y:2004:i:2:p:357-363. 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/622869 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.