Optimal fiscal policy in a stochastic growth model

DOI10.1016/0022-0531(92)90055-MzbMath0799.90031MaRDI QIDQ1207490

Xiaodong Zhu

Publication date: 1 April 1993

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

zbMATH Keywords

infinite horizondiscrete timeRamsey equilibriumstochastic versiongovernment sectorone sector neoclassical growth modeloptimal capital and labor income taxation

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62) Stochastic systems in control theory (general) (93E03)

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Cites Work

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• Optimal fiscal policy in a stochastic growth model
• Necessary optimality criteria in mathematical programming in normed linear spaces
• Optimal Taxation of Capital Income in General Equilibrium with Infinite Lives
• The Distance Function in Consumer Behaviour with Applications to Index Numbers and Optimal Taxation

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