search query: @indexterm fiscal policy / total: 505
reference: 137 / 505
| Author: | Ghiglino, C. Tvede, M. |
| Title: | Optimal policy in OG models |
| Journal: | Journal of Economic Theory
2000 : JAN, VOL. 90:1, p. 62-83 |
| Index terms: | Models Fiscal policy Welfare |
| Language: | eng |
| Abstract: | In this paper, general stationary overlapping generations economies with many commodities in every period and many different consumers in every generation are considered. A government maximizes a utilitarian social welfare function, which is the sum of weighted averages of utilities for generations, through fiscal policy, i.e. taxes and monetary transfers. |
SCIMA