Public spending and optimal taxes without commitment

DOI10.1007/S100580100058zbMath1011.91071OpenAlexW2072430157MaRDI QIDQ1601997

Andrés Velasco, Aldo Rustichini, Jess Benhabib

Publication date: 4 September 2002

Published in: Review of Economic Design (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s100580100058

zbMATH Keywords

time inconsistencydistortionary taxthird best

Mathematics Subject Classification ID

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

Related Items (3)

On time inconsistency: A technical issue in Stackelberg differential games ⋮ Time-consistent control in nonlinear models ⋮ Ramsey fiscal policy and endogenous growth

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