Working Paper
Dynamic optimal fiscal and monetary policy in a business cycle model with income redistribution
Abstract: An estimation of an optimal program of distortionary taxes, money growth, and borrowing to finance a stream of expenditures based on a real business cycle model in which distribution issues between the rich and poor play a fundamental role in policy decisions.
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https://fraser.stlouisfed.org/title/working-paper-federal-reserve-bank-cleveland-4494/dynamic-optimal-fiscal-monetary-policy-a-business-cycle-model-income-redistribution-494594
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Working Papers (Old Series)
Publication Date: 1993
Number: 9308