Sequential equilibria in a Ramsey tax model
Sequential equilibria in a Ramsey tax model
复制标题
拉姆齐税收模型中的序贯均衡
DOI:
10.1111/1468-0262.00255
复制
发表时间:
2001
期刊:
影响因子:
--
通讯作者:
E. Stacchetti
中科院分区:
文献类型:
--
作者:
Christopher Phelan;E. Stacchetti
This paper presents a full characterization of the equilibrium value set of a Ramsey tax model. More generally, it develops a dynamic programming method for a class of policy games between the government and a continuum of consumers. By selectively incorporating Euler conditions into a strategic dynamic programming framework, we wed two technologies that are usually considered competing alternatives, resulting in a dramatic simplification of the problem.
影响因子:
6.1
作者:
ABREU, D
通讯作者:
ABREU, D