Busato, Francesco; Chiarini, Bruno; Marchetti, Enrico - School of Economics and Management, University of Aarhus - 2005
Numbers: E320, E13, E260, O40
Keywords: Dynamic General Equilibrium Models, Fiscal Policy, Tax Evasion and Under-
ground … Activities, Indeterminacy and Sunspots.
1 Introduction
The equilibrium effects and the role of fiscal policy in dynamic general … equilibrium models
of fluctuations have been object of thorough investigations in the last decade. Significant
work has been done …