Fiscal stimulus with imperfect expectations: spending vs. tax policy

DOI10.1016/J.JET.2024.105814MaRDI QIDQ6537233zbMATH OpenFDO

Authors Riccardo Bianchi-Vimercati, Martin S. Eichenbaum, João N. Guerreiro

Publication date 14 May 2024

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

zbMATH Keywords

rational expectationsimperfect informationfiscal policy

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• A Cognitive Hierarchy Model of Games
• Internal rationality, imperfect market knowledge and asset prices
• On players' models of other players: Theory and experimental evidence
• Salience theory of choice under risk

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