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Optimal Fiscal Policy with Endogenous Product Variety

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NBER2011-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17319
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资源简介:
We study Ramsey-optimal fiscal policy in an economy in which product varieties are the result of forward-looking investment decisions by firms. There are two main results. First, depending on the particular form of variety aggregation in preferences, firms' dividend payments may be either subsidized
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2011-08-01
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