Macroeconomic Policies, Growth, and Welfare in a Stochastic Economy

DOI10.2307/2526974zbMath0798.90014OpenAlexW3121942173MaRDI QIDQ4287886

Stephen J. Turnovsky

Publication date: 19 April 1994

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2526974

zbMATH Keywords

inflationoptimal policy makingmonetary and tax policystochastic equilibrium growth

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62) Stochastic systems in control theory (general) (93E03)

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LABOR SUPPLY AND GROWTH EFFECTS OF ENVIRONMENTAL POLICY UNDER TECHNOLOGICAL RISK ⋮ Infrastructure, alternative government finance and stochastic endogenous growth ⋮ Optimal military spending, trade and stochastic economic growth ⋮ A stochastic growth model with environmental pollution ⋮ A portfolio approach to endogenous growth: equilibrium and optimal policy ⋮ Production technologies in stochastic continuous time models ⋮ Risk premia in general equilibrium ⋮ Military spending and stochastic growth ⋮ Taxation, risk-taking and growth: a continuous-time stochastic general equilibrium analysis with labor-leisure choice ⋮ Numerical solution of dynamic equilibrium models under Poisson uncertainty ⋮ Pollution, government expenditure, taxes and stochastic growth ⋮ Dynamics in a transactions-based monetary growth model ⋮ Alternative government financing and stochastic endogenous growth. ⋮ Direct preferences for wealth, the risk premium puzzle, growth, and policy effectiveness ⋮ Growth effect of taxes in an endogenous growth model: To what extent do taxes affect economic growth? ⋮ Optimal saving under Poisson uncertainty

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