English, Article, Journal or magazine article edition: When are Structural Deficits Good Policies? Jean Chateau

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Physical Description
  • preprint
Language
  • English

Edition details

Title
  • When are Structural Deficits Good Policies?
Author
  • Jean Chateau
Physical Description
  • preprint
Notes
  • This paper analyses the marginal allocative and welfare effects of various structural budget-deficits in a representative-agent model where the Ricardian equivalence Theorem does not hold because of distortionary taxation. In order to carry out this analysis we perform numerical examples based upon a parameterized “typical" European economy.
  • Deficit finance; Public capital; Distortionary taxation; Intertemporal choice
  • RePEc:cii:cepidt:2002-14
Language
  • English
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