๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Simulating a 100% just-in-time economy

โœ Scribed by Michael C. Lovell


Publisher
Elsevier Science
Year
1992
Tongue
English
Weight
794 KB
Volume
26
Category
Article
ISSN
0925-5273

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


Time consistent fiscal policies in a Ram
โœ Roberto Cellini; Luca Lambertini ๐Ÿ“‚ Article ๐Ÿ“… 2007 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 212 KB

This paper revisits a well-known case of optimal fiscal policy in a Ramsey model where consumer utility is defined over consumption and public goods. We show that "normalising" the size of the population to one eliminates the scope for active policy-making since the decentralised equilibrium coincid