Optimal fiscal policy with robust control

DOI10.1016/J.JEDC.2011.08.013zbMATH Open1258.91142OpenAlexW2138474782MaRDI QIDQ433644FDOQ433644

Justin Svec

Publication date: 5 July 2012

Published in: Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2011.08.013

Recommendations

• Optimal fiscal policy with recursive preferences
• Implications of uncertainty for optimal policies
• Learning about fiscal policy and the effects of policy uncertainty
• Optimal fiscal policy under learning
• Managing pessimistic expectations and fiscal policy

zbMATH Keywords

uncertaintyrobust controltaxesdebt

Mathematics Subject Classification ID

Economic dynamics (91B55) Model systems in control theory (93C99)

Cites Work

• Risk, ambiguity and the Savage axioms
• Recent developments in modeling preferences: Uncertainty and ambiguity
• Robust estimation and control under commitment
• Recursive robust estimation and control without commitment
• Methods for robust control
• Robust control and model misspecification
• On the robustness of Laissez-Faire

Cited In (5)

• Title not available (Why is that?)
• Title not available (Why is that?)
• Model uncertainty and intertemporal tax smoothing
• Title not available (Why is that?)
• Doubts about the model and optimal policy

This page was built for publication: Optimal fiscal policy with robust control

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q433644)