Implementing a Ramsey Plan
收藏NBER2024-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w32658
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资源简介：
Lucas and Stokey (1983) motivated future governments to confirm an optimal tax plan by rescheduling government debt appropriately. Debortoli et al. (2021) showed that sometimes that does not work. We show how a Ramsey plan can always be implemented by adding instantaneous debt to Lucas and Stokeys
提供机构：
美国国家经济研究局
创建时间：
2024-07-01
