Similar Search Results

Signaling Credibility --- Choosing Optimal Debt and International Reserves

Aizenman, Joshua; Fernandez-Ruiz, Jorge - 2021

This paper evaluates the challenges facing developing countries when there is uncertainty about the policy maker type. We consider a country characterized by volatile output, inelastic demand for fiscal outlays, high tax collection costs, and sovereign risk, where future output depends on the...

Persistent link: https://www.econbiz.de/10013226188

Can active labor market policy be counter-productive

Saint-Paul, Gilles - 2014

Persistent link: https://www.econbiz.de/10010461799

Unemployment and increasing returns to human capital

Saint-Paul, Gilles - 1994

Persistent link: https://www.econbiz.de/10013422060

Laws as Assets : a Possible Solution to the Time Consistency Problem

Kotlikoff, Laurence J. - 2010

This paper presents a new solution to the time-consistency problem that appears capable of enforcing ex ante policy in a variety of settings in which other enforcement mechanisms do not work. The solution involves formulating a law, institution, or agreement that specifies the optimal ex ante...

Persistent link: https://www.econbiz.de/10012760314

Policy rules for inflation targeting

Rudebusch, Glenn D.; Svensson, Lars E. O. - 1998

Persistent link: https://www.econbiz.de/10013422634

The political economy of employment protection

Saint-Paul, Gilles - 1999

Persistent link: https://www.econbiz.de/10013422755

Social value of public information : Comment: Morris and Shin (2002) is actually pro-transparency, not con

Svensson, Lars E. O. - In: The American economic review 96 (2006) 1, pp. 448-452

Persistent link: https://www.econbiz.de/10003311978

Social Value of Public Information : Morris and Shin (2002) is Actually Pro Transparency, Not Con

Svensson, Lars E. O. - 2022

public information can be bad. However, some scrutiny of the result shows that it is actually pro transparency: except in … very special circumstances, more public information is good. Furthermore, for a conservative benchmark of equal precision … in public and private information, social welfare is higher than in a situation without public information …

Persistent link: https://www.econbiz.de/10014063045

Social value of public information: Morris and Shin (2002) is actually pro-transparency, not con: reply

Morris, Stephen; Shin, Hyun Song; Tong, Hui - In: The American economic review 96 (2006) 1, pp. 453-455

Persistent link: https://www.econbiz.de/10003311987

On the (Ir)Relevence of Distribution and Labor Supply Distortion of Government Policy

Kaplow, Louis - 2021

Should the assessment of government policies, such as the provision of public goods and the control of externalities, deviate from first-best principles to account for distributive effects and for the distortionary cost of labor income taxation? For example, is the optimal extent of public goods...

Persistent link: https://www.econbiz.de/10013244760