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Fiscal rules and extrinsic uncertainty

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Publication:1341499
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DOI10.1007/BF01215379zbMath0819.90026MaRDI QIDQ1341499

Aditya Goenka

Publication date: 5 September 1995

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


zbMATH Keywords

stabilitypublic goodssunspotsexistence of equilibriumfiscal policy regimes


Mathematics Subject Classification ID

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


Related Items (7)

When sunspots don't matter ⋮ Stabilizing sunspots ⋮ Pollution, mortality and time consistent abatement taxes ⋮ Relative risk aversion and the transmission of financial crises ⋮ Manipulation of endowments and sunspot equilibria ⋮ Money taxes and efficiency when sunspots matter ⋮ The economic effects of restrictions on government budget deficits



Cites Work

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  • Self-fulfilling prophecies
  • Convexity and sunspots: A remark
  • Equivariant general equilibrium theory
  • Stabilizing competitive business cycles
  • On the effectiveness of sunspots in incomplete markets
  • Monetary policy and price level determinacy in a cash-in-advance economy
  • Rationing and sunspot equilibria
  • Legal restrictions, ``sunspots, and cycles
  • Market Participation and Sunspot Equilibria




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