Intertemporal Distortions in the Second Best

DOI10.1093/RESTUD/RDS014zbMath1405.91419OpenAlexW2145759776MaRDI QIDQ4610550

Stefania Albanesi, Roc Armenter

Publication date: 23 January 2019

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

Full work available at URL: http://www.nber.org/papers/w13629.pdf

zbMATH Keywords

private informationlimited commitmentsecond bestintertemporal distortionsRamsey policiesself-enforcement constraints

Mathematics Subject Classification ID

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

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