Time‐varying consumption tax, productive government spending, and aggregate instability

DOI10.1111/ijet.12216zbMath1530.91397OpenAlexW3121615218WikidataQ128123538 ScholiaQ128123538MaRDI QIDQ6077828

Alain Venditti, Mauro Bambi

Publication date: 18 October 2023

Published in: International Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1111/ijet.12216

zbMATH Keywords

endogenous growthsunspot equilibriaglobal indeterminacyself-fulfilling expectationtime-varying consumption tax

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Cites Work

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• Continuous-time sunspot equilibria and dynamics in a model of growth
• Business cycles with free entry ruled by animal spirits
• Sentiments
• Destabilizing balanced‐budget consumption taxes in multi‐sector economies
• Sentiments and Aggregate Demand Fluctuations

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