Federal Reserve Bank of Cleveland
Working Papers (Old Series)
Dynamic optimal fiscal and monetary policy in a business cycle model with income redistribution
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.
Cite this item
Kevin J. Lansing, Dynamic optimal fiscal and monetary policy in a business cycle model with income redistribution, Federal Reserve Bank of Cleveland, Working Papers (Old Series) 9308, 1993.
Keywords: Business cycles ; Monetary policy ; Income distribution
This item with handle RePEc:fip:fedcwp:9308
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