Optimal fiscal policy under learning

DOI10.1016/j.jedc.2015.05.008zbMath1401.91335OpenAlexW1696186573MaRDI QIDQ1657502

Francesco Caprioli

Publication date: 13 August 2018

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

Full work available at URL: https://doi.org/10.1016/j.jedc.2015.05.008

zbMATH Keywords

adaptive learningoptimal fiscal policy

Mathematics Subject Classification ID

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

Related Items (3)

Heterogeneity and learning with complete markets ⋮ Learning about fiscal policy and the effects of policy uncertainty ⋮ Public debt dynamics under ambiguity by means of iterated function systems on density functions

Cites Work

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• Convergence of least squares learning mechanisms in self-referential linear stochastic models
• Expectations and the Stability Problem for Optimal Monetary Policies
• Escaping Nash Inflation
• Managing pessimistic expectations and fiscal policy

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