Optimal Policy and (the Lack of) Time Inconsistency: Insights from Simple Models
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Citations
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Cited by:
- 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.
- Alex Schmitt, 2018. "Optimal Carbon Pricing and Income Taxation Without Commitment," ifo Working Paper Series 274, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Salvador Ortigueira & Joana Pereira, 2007.
"Markov-Perfect Optimal Fiscal Policy: The Case of Unbalanced Budgets,"
Economics Working Papers
ECO2007/41, European University Institute.
- Ortigueira, Salvador & Pereira, Joana & Pichler, Paul, 2012. "Markov-perfect optimal fiscal policy : the case of unbalanced budgets," UC3M Working papers. Economics we1230, Universidad Carlos III de Madrid. Departamento de EconomÃa.
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More about this item
Keywords
Capital Taxation; Ramsey; Commitment; Markov-Perfect equilibrium; Time consistent policy; Overlapping Generations;All these keywords.
JEL classification:
- H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
- H6 - Public Economics - - National Budget, Deficit, and Debt
- H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2007-04-21 (Central Banking)
- NEP-DGE-2007-04-21 (Dynamic General Equilibrium)
- NEP-MAC-2007-04-21 (Macroeconomics)
- NEP-PBE-2007-04-21 (Public Economics)
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