Arbeitspapier
Public debt in an OLG model with imperfect competition
Fiscal policy is needed to avoid dynamic inefficiency and maintain full employment in a modified Diamond OLG model with imperfect competition. A distributionally neutral tax scheme can maintain full employment in the face of variations in household confidence. No variations in taxes will be needed if households correctly anticipate future taxes: the tax policy functions as an insurance scheme.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2011-25
- Klassifikation
-
Wirtschaft
Fiscal Policy
Investment; Capital; Intangible Capital; Capacity
- Thema
-
public debt
Keynesian OLG model
dynamic efficiency
confidence
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Skott, Peter
Ryoo, Soon
- Ereignis
-
Veröffentlichung
- (wer)
-
University of Massachusetts, Department of Economics
- (wo)
-
Amherst, MA
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Skott, Peter
- Ryoo, Soon
- University of Massachusetts, Department of Economics
Entstanden
- 2011
Ähnliche Objekte (12)
Public Debt and Functional Finance in an OLG Model with Imperfect Competition
Public debt in an OLG model with imperfect competition: long-run effects of austerity programs and changes in the growth rate
Imperfect Competition
Fiscal competition and public debt
Fiscal Competition and Public Debt
Fiscal competition and public debt
Perfecting Imperfect Competition
Perfecting Imperfect Competition
Public Debt Asymmetries and Tax Competition
The Strategic Role of Dividends and Debt in Markets with Imperfect Competition
Imperfect competition in certification markets
Imperfect competition in derivatives markets
Public Debt and Functional Finance in an OLG Model with Imperfect Competition
Public debt in an OLG model with imperfect competition: long-run effects of austerity programs and changes in the growth rate
Imperfect Competition
Fiscal competition and public debt
Fiscal Competition and Public Debt
Fiscal competition and public debt
Perfecting Imperfect Competition
Perfecting Imperfect Competition
Public Debt Asymmetries and Tax Competition
The Strategic Role of Dividends and Debt in Markets with Imperfect Competition
Imperfect competition in certification markets
Imperfect competition in derivatives markets
Public Debt and Functional Finance in an OLG Model with Imperfect Competition
Public debt in an OLG model with imperfect competition: long-run effects of austerity programs and changes in the growth rate
Imperfect Competition
Fiscal competition and public debt
Fiscal Competition and Public Debt
Fiscal competition and public debt
Perfecting Imperfect Competition
Perfecting Imperfect Competition
Public Debt Asymmetries and Tax Competition
The Strategic Role of Dividends and Debt in Markets with Imperfect Competition
Imperfect competition in certification markets