Pii: S1059-0560(99)00003-9
نویسنده
چکیده
Intertemporal budget policies are assessed in an endogenous growth model with nominal assets. The paper provides relative rankings of policies and policy instruments in terms of the tax liabilities of the private sector necessary to guarantee intertemporal government budget solvency and in terms of the welfare of the representative agent. The role of nominal assets is shown to be of relative importance. 1999 Elsevier Science Inc. All rights reserved.
منابع مشابه
Pii: S1059-0560(99)00011-8
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