Showing 1 - 10 of 904
Persistent link: https://www.econbiz.de/10011478720
Persistent link: https://www.econbiz.de/10011413147
Persistent link: https://www.econbiz.de/10003024354
Persistent link: https://www.econbiz.de/10011665358
Persistent link: https://www.econbiz.de/10011590243
Persistent link: https://www.econbiz.de/10011813505
Persistent link: https://www.econbiz.de/10012503925
Persistent link: https://www.econbiz.de/10014438667
Persistent link: https://www.econbiz.de/10015050101
We study optimal government spending in a business cycle model with frictional unemployment. The Ramsey optimal policy is contrasted with a reference policy which would be first best in a frictionless economy. Results are: the Ramsey policy i) implies a higher steady state ratio of government...
Persistent link: https://www.econbiz.de/10011374417