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The new dynamic public finance

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Bibliographic Details
Main Authors: Kocherlakota Narayana Rao 1963-
Published: Princeton University Press,
Publisher Address: Princeton
Publication Dates: c2010.
Literature type: Book
Language: English
Series: Toulouse lectures in economics
Subjects:
Taxation > Mathematical models
Finance, Public > Mathematical models
Fiscal policy > Mathematical models
Carrier Form: x, 217 p.: ; 23 cm.
ISBN: 9780691139159 (alk. paper)
0691139156 (alk. paper)
Index Number: F811
CLC: F811.0
Call Number: F811.0/K767
Contents: Includes bibliographical references and index.
Chapter 2: The Ramsey Approach and Its Problems ; 2.1 A Simple Model of Government Finance ; 2.2 The Dynamic Ramsey Taxation Problem: Setup ; 2.3 The Dynamic Ramsey Taxation Problem: Solution ; 2.4 Problems with the Ramsey Approach -- Chapter 3: Basics of Dynamic Social Contracting ; 3.1 Class of Environments ; 3.2 Incentive-Compatibility ; 3.3 Remarks on Incentive-Compatibility ; 3.4 Pareto Optimal Allocations ; 3.5 The Reciprocal Euler Equation ; 3.6 Dynamics of Pareto Optimal Consumption ; 3.7 Long-Run Properties of Pareto Optima.

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