Tax rate uncertainty and the sensitivity of consumption to income in an overlapping generations model

DOI10.1016/0165-1889(93)00788-6zbMath0875.90116OpenAlexW2014098413MaRDI QIDQ1349617

Parantap Basu

Publication date: 27 February 1997

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0165-1889(93)00788-6

zbMATH Keywords

Overlapping generationsEndogenous growthRisk aversionIntertemporal substitutionOCE preference

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62) Consumer behavior, demand theory (91B42)

Related Items (1)

Capital risk and consumption puzzles: A pedagogical note

Cites Work

• Observational equivalence of the overlapping generations and the discounted dynamic programming frameworks for one-sector growth
• Asset Prices in an Exchange Economy
• An OCE Analysis of the Effect of Uncertainty on Saving Under Risk Preference Independence

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