that exhibits local indeterminacy, we show that the introduction of a constant capital tax or subsidy can lead to various …, a constant labor tax or subsidy has no effect on the qualitative nature of the model's dynamics. We show that the use of … designed to suppress sunspot fluctuations near the steady state may not prevent sunspots, cycles, or chaos in regions away from …

that exhibits local indeterminacy, we show that the introduction of a constant capital tax or subsidy can lead to various …, a constant labor tax or subsidy has no effect on the qualitative nature of the model's dynamics. We show that the use of … designed to suppress sunspot fluctuations near the steady state may not prevent sunspots, cycles, or chaos in regions away from …

We show that the introduction of a constant tariff or subsidy levied on foreign energy can lead to a rich set of …, increasing returns and endogenous fluctuations. Macroeconomic Dynamics 6, 633–664] show that a constant capital tax or subsidy …

problem of finding optimal tax and subsidy schemes in a model in which growth is endogenously sustained by risky innovation …