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Identifying optimal contingent fiscal policies in a business cycle model

Manzano, Baltasar; Pérez, Rafaela; Ruiz, Jesús - In: Spanish economic review : SER 7 (2005) 4, pp. 245-266

Persistent link: https://www.econbiz.de/10003217506

Identifying optimal contingent fiscal policies in a business cycle model

Manzano, Baltasar; Pérez, Rafaela; Ruiz, Jesús - In: Spanish Economic Review 7 (2005) 4, pp. 245-266

Optimal fiscal policy is indeterminate in a dynamic and stochastic environment. The complete characterization of the fiscal policy requires the use of identification constraints. In the literature either capital taxes or debt have been restricted to be not contingent on the state of nature. We...

Persistent link: https://www.econbiz.de/10005598206

Optimal time-consistent fiscal policy in an endogenous growth economy with public consumption and capital

Novales, Alfonso; Pérez, Rafaela; Ruíz, Jesús - In: Journal of macroeconomics 42 (2014), pp. 104-117

Persistent link: https://www.econbiz.de/10011286630

Optimal time-consistent fiscal policy under endogenous growth with elastic labor supply

Novales, Alfonso; Pérez, Rafaela; Ruíz, Jesús - In: Economic modelling 42 (2014), pp. 398-412

Persistent link: https://www.econbiz.de/10010478078