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Direct preferences for wealth and fiscal policy in a stochastic open economy

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Publication:3372789
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zbMATH Open1124.91352MaRDI QIDQ3372789FDOQ3372789


Authors: Baojian Yin, Dongxia Lei Edit this on Wikidata


Publication date: 10 March 2006





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  • Optimal fiscal policy with recursive preferences


zbMATH Keywords

portfolio choicestochastic endogenous growth


Mathematics Subject Classification ID

Economic growth models (91B62)



Cited In (2)

  • Direct preferences for wealth, the risk premium puzzle, growth, and policy effectiveness
  • Relative wealth, growth, and transitional dynamics: the small open economy case





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