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Browsing Working Papers CREI (Centre de Recerca en Economia Internacional) by Subject "Fiscal policy"

Browsing Working Papers CREI (Centre de Recerca en Economia Internacional) by Subject "Fiscal policy"

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  • Hauk, Esther; Lanteri, Andrea; Marcet, Albert (2019-11)
    We study optimal policy when the planner has partial information in a general setup where observed signals are endogenous to policy. In this context, signal extraction and policy have to be determined jointly. We derive a ...
  • Greulich, Anna Katharina; Laczó, Sarolta; Marcet, Albert (2022-08)
    We study optimal Pareto-improving factor taxation when agents are heterogeneous in their labor productivity and wealth and markets are complete. Pareto-improving policies require a gradual reform: labor taxes should be ...
  • Fornaro, Luca; Wolf, Martin (2021-04)
    We study the effects of supply disruptions - for instance caused by the emergence of a pandemic - in an economy with Keynesian unemployment and endogenous productivity growth. By negatively affecting investment, even ...

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