Sectoral composition of government spending, distortionary income taxation, and macroeconomic (in)stability

DOI10.1111/IJET.12203zbMath1422.91519OpenAlexW2598583263WikidataQ128784002 ScholiaQ128784002MaRDI QIDQ5225005

Juin-jen Chang, Wei-Neng Wang, Jang-Ting Guo, Jhy-Yuan Shieh

Publication date: 25 July 2019

Published in: International Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/ijet.12203

zbMATH Keywords

government spendingequilibrium (in)determinacydistortionary income taxation

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Multisectoral models in economics (91B66)

Cites Work

• Aggregate instability under balanced-budget consumption taxes: a re-examination
• Increasing returns and unsynchronized wage adjustment in sunspot models of the business cycle
• Balanced-budget rules and macroeconomic (in)stability
• Indeterminacy and stabilization policy
• Indeterminacy and increasing returns
• Real business cycles and the animal spirits hypothesis
• Indeterminacy in a model with sector-specific externalities
• Progressive taxation and macroeconomic (in)stability with productive government spending
• Progressive taxation as an automatic destabilizer under endogenous growth
• Dynamic effects of government expenditure in a finance constrained economy
• INDETERMINACY AND PERIOD LENGTH UNDER BALANCED BUDGET RULES
• Destabilizing balanced‐budget consumption taxes in multi‐sector economies
• Income taxes and endogenous fluctuations: a generalization

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