Credible public policy

Credible public policy

Source :

• Journal of Economic Dynamics and Control [ 0165-1889 ] ; 1991.

English descriptors

• Teeft :
  • Abreu, Aggregate feasibility restrictions, Appropriate response, Basic framework, Capital holdings, Capital income, Capital stock, Capital taxation, Certain predecessors, Chari, Competitive equilibrium, Competitive equilibrium behavior, Constraint, Credible, Credible outcome path, Credible outcome paths, Credible outcomes, Credible policies, Credible policy, Crediblepublic policy, Current actions, Current welfare, Cyclical paths, Decision problem, Discount factor, Economic behavior, Economic dynamics, Economic theory, Entire revenue, Equilibrium, Equilibrium conditions, Equilibrium outcome path, Equilibrium outcome paths, Equilibrium response, Equilibrium responses, Eric maskin, Feasibility constraints, Feasible pair, Feasible sequence, Feasible sequences, Finite sequence, First period, Future periods, Government moves, Government triggers, Growth rate, Harvard university press, High growth, High money growth, Household, Households move, Identical households, Imperfect monitoring, Individual feasibility constraints, Individual household, Infinite sequence, Inflation example, Initial period, Initial state, Initial value, Kehoe, Labor income, Labor supply, Large multiplicity, Macroeconomic policy, Maximal rate, Modern business cycle theory, Monetary economics, Monetary policy, Money growth, Money supply, Nash equilibrium behavior, Necessary conditions, Ongoing path, Optimization problem, Other households, Other path, Outcome path, Parameter values, Past periods, Path, Payoff, Period households, Policy capital, Policy households, Policy models, Political economy, Previous periods, Previous section, Private sector, Proof parallels, Ramsey, Ramsey outcome, Ramsey outcome path, Ramsey path, Ramsey policy, Rapid money growth, Representative household, Reputational equilibria, Revenue requirement, Reversion, Right side, Same action, Second line, Simple model, Simple policy, State variables, Stokey, Subsequent period, Such paths, Sustainable plans, Symmetric equilibria, Time consistency, Unfavorable shift, Worst path, Worst paths.

Abstract

• https://api.istex.fr/document/576BD78418C12406CD39D98C18432FBBC7F8D630/fulltext/pdf

Affiliations:

• États-Unis
• Illinois

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