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Clements, Nancy; Heckman, James J.; Smith, Jeffrey A. - 1994

Persistent link: https://www.econbiz.de/10000884776

Macroeconomic stabilisation and intervention policy under an exchange rate band

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Exchange rate bands and optimal monetary accommodation under a dirty float

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Endogenous growth and overlapping generations

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Short-sighted politicians and erosion of government assets

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Political trade-off between growth and government consumption

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Seigniorage, taxes, government debt and the EMS

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The identification and economic content of ordered choice models with stochastic thresholds

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Dynasties and destiny : on the roles of altruism and impatience in the evolution of consumption and bequests

Stark, Oded; Falk, Ita - 2000

We study the joint role of altruism and impatience, and the impact of evolution in the formation of long-term time preferences and in the determination of optimal consumption and optimal bequests. We show how the consumption paths of dynasties relate to altruism and to impatience and we reason...

Persistent link: https://www.econbiz.de/10009724435