Aggregate instability under balanced-budget consumption taxes: a re-examination
DOI10.1016/J.JET.2013.07.010zbMATH Open1296.91205OpenAlexW2083274618MaRDI QIDQ405538FDOQ405538
Thomas Seegmuller, Carine Nourry, Alain Venditti
Publication date: 5 September 2014
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://halshs.archives-ouvertes.fr/halshs-00633609/file/DTGREQAM2011_44.pdf
indeterminacyincome effectbalanced-budget ruleconsumption taxesendogenous business cyclesinfinite-horizon model
Macroeconomic theory (monetary models, models of taxation) (91B64) Consumer behavior, demand theory (91B42)
Cites Work
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Cited In (10)
- Non‐separable utilities and aggregate instability
- Progressive consumption tax and monetary policy in an endogenous growth model
- The failure of stabilization policy: balanced-budget fiscal rules in the presence of incompressible public expenditures
- The perils of fiscal feedback rules
- Fiscal policy, debt constraint and expectations-driven volatility
- Introduction to financial frictions and debt constraints
- Time‐varying consumption tax, productive government spending, and aggregate instability
- Balanced-budget consumption taxes and aggregate stability in a small open economy
- Comparing recursive equilibrium in economies with dynamic complementarities and indeterminacy
- Sectoral composition of government spending, distortionary income taxation, and macroeconomic (in)stability
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