Optimal fiscal and monetary policy in an economy without capital

Author:

Lucas Robert E.,Stokey Nancy L.

Publisher

Elsevier BV

Subject

Economics and Econometrics,Finance

Reference20 articles.

1. The welfare cost of inflationary finance;Bailey;Journal of Political Economy,1956

2. On the determination of the public debt;Barro;Journal of Political Economy,1979

3. On the time consistency of optimal policy in a monetary economy;Calvo;Econometrica,1978

4. On optimal taxation in stylized models of intertemporal general equilibrium;Chamley,1982

5. A reconsideration of the microfoundations of monetary theory;Clower;Western Economic Journal,1967

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