The Role of Fiscal Policy in an Incomplete Markets Framework

DOI10.2307/2298037zbMath0838.90025OpenAlexW2021272167MaRDI QIDQ4860687

Charles P. Thomas

Publication date: 30 May 1996

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

Full work available at URL: http://www.federalreserve.gov/pubs/ifdp/1993/451/ifdp451.pdf

zbMATH Keywords

incomplete asset marketsconstrained sub-optimality of competitive economiesgeneral-equilibrium modelmodels of unemployment

Mathematics Subject Classification ID

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

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