(Non)optimality of the Friedman rule and optimal taxation in a growing economy with imperfect competition

DOI10.1016/J.ECONLET.2005.10.002zbMath1254.91440OpenAlexW2002559726MaRDI QIDQ1929065

Ming-Fu Shaw, Juin-jen Chang, Ching-Chong Lai

Publication date: 7 January 2013

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2005.10.002

zbMATH Keywords

economic growthimperfect competitionoptimal fiscal and monetary policy

Mathematics Subject Classification ID

Applications of optimal control and differential games (49N90) Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items (1)

Heterogeneity, monetary policy, Mirrleesian taxes, and the Friedman rule

Cites Work

• Indeterminacy and increasing returns
• Optimal fiscal and monetary policy under sticky prices.
• Optimal Monetary Policy

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