Indeterminacy and fiscal policies in a growing economy

DOI10.1016/S0165-1889(03)00038-1MaRDI QIDQ951484zbMATH OpenOpenAlexFDO

Authors B. E. Eshmatov

Publication date 24 October 2008

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

Full work available at URL https://doi.org/10.1016/s0165-1889(03)00038-1

zbMATH Keywords

growthindeterminacysecond-best fiscal policy

Mathematics Subject Classification ID

Economic growth models (91B62) Macroeconomic theory (monetary models, models of taxation) (91B64)

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Cites work

• Divergence in economic performance: Transitional dynamics with multiple equilibria
• DYNAMICS OF TAXES, PUBLIC SERVICES, AND ENDOGENOUS GROWTH
• scientific article; zbMATH DE number 3291777 (Why is no real title available?)
• Indeterminacy and increasing returns
• Indeterminacy and stabilization policy
• Indeterminacy and sunspots with constant returns
• Indeterminacy Under Constant Returns to Scale in Multisector Economies
• Introduction to the symposium on growth, fluctuations, and sunspots: Confronting the data
• Long-run growth and welfare effects of public policies with distortionary taxation
• Monopolistic competition, business cycles, and the composition of aggregate demand
• Multiple steady states and endogenous fluctuations with increasing returns to scale in production
• Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives
• Productive government expenditures and long-run growth
• Public investment in infrastructure in a simple growth model
• Public spending, endogeneous growth, and endogenous fluctuations
• Real business cycles and the animal spirits hypothesis
• The sources of growth
• Uniqueness and indeterminacy: On the dynamics of endogenous growth

Cited in

(17)

• Ramsey fiscal policy and endogenous growth
• Electoral uncertainty, fiscal policy and macroeconomic fluctuations
• Congestible public goods and local indeterminacy: a two-sector endogenous growth model
• Public spending, endogeneous growth, and endogenous fluctuations
• Global indeterminacy in an endogeneous-growth model with public capital
• Fiscal policy and indeterminacy in models of endogenous growth.
• Multiple transitional growth paths in endogenously growing open economies.
• Economic policy uncertainty and government spending multipliers
• Persistent deficit, growth, and indeterminacy
• GROWTH POLICY IN THE SPIRIT OF STEINDL AND KALECKI
• DYNAMICS OF TAXES, PUBLIC SERVICES, AND ENDOGENOUS GROWTH
• How should the government allocate its tax revenues between productivity-enhancing and utility-enhancing public goods?
• Income taxes and endogenous fluctuations: a generalization
• The perils of fiscal feedback rules
• Deficit, monetization, and economic growth: a case for multiplicity and indeterminacy
• Multiple equilibria, fiscal policy, and human capital accumulation
• Indeterminacy, intergenerational redistribution, endogenous longevity and human capital accumulation

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