On local indeterminacy and endogenous cycles in Ramsey models with heterogeneous households

Bibliographic Details
Main Author: Bosi, Stefano
Publication Date: 2009
Other Authors: Seegmuller, Thomas
Format: Article
Language: eng
Source: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Download full: http://hdl.handle.net/10400.5/15582
Summary: It is well-known that endogenous cycles can occur in Ramsey models with heterogeneous households and borrowing constraints. In this note, we address the issue of robustness in the more general case of endogenous labor supply and we explain the occurrence of local indeterminacy under progressive taxation.
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spelling On local indeterminacy and endogenous cycles in Ramsey models with heterogeneous householdsEndogenous cyclesLocal indeterminacyHeterogeneous agentsBorrowing constraintEndogenous labor supplyProgressive taxationIt is well-known that endogenous cycles can occur in Ramsey models with heterogeneous households and borrowing constraints. In this note, we address the issue of robustness in the more general case of endogenous labor supply and we explain the occurrence of local indeterminacy under progressive taxation.Springer VerlagRepositório da Universidade de LisboaBosi, StefanoSeegmuller, Thomas2018-06-11T08:11:45Z2009-042009-04-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/15582engBosi, Stefano e Thomas Seegmuller (2009). "On local indeterminacy and endogenous cycles in Ramsey models with heterogeneous households". Portuguese Economic Journal, 8(1):53-581617-982X (print)10.1007/s10258-009-0039-7metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2025-03-17T16:23:24Zoai:repositorio.ulisboa.pt:10400.5/15582Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-29T04:12:20.895808Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv On local indeterminacy and endogenous cycles in Ramsey models with heterogeneous households
title On local indeterminacy and endogenous cycles in Ramsey models with heterogeneous households
spellingShingle On local indeterminacy and endogenous cycles in Ramsey models with heterogeneous households
Bosi, Stefano
Endogenous cycles
Local indeterminacy
Heterogeneous agents
Borrowing constraint
Endogenous labor supply
Progressive taxation
title_short On local indeterminacy and endogenous cycles in Ramsey models with heterogeneous households
title_full On local indeterminacy and endogenous cycles in Ramsey models with heterogeneous households
title_fullStr On local indeterminacy and endogenous cycles in Ramsey models with heterogeneous households
title_full_unstemmed On local indeterminacy and endogenous cycles in Ramsey models with heterogeneous households
title_sort On local indeterminacy and endogenous cycles in Ramsey models with heterogeneous households
author Bosi, Stefano
author_facet Bosi, Stefano
Seegmuller, Thomas
author_role author
author2 Seegmuller, Thomas
author2_role author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Bosi, Stefano
Seegmuller, Thomas
dc.subject.por.fl_str_mv Endogenous cycles
Local indeterminacy
Heterogeneous agents
Borrowing constraint
Endogenous labor supply
Progressive taxation
topic Endogenous cycles
Local indeterminacy
Heterogeneous agents
Borrowing constraint
Endogenous labor supply
Progressive taxation
description It is well-known that endogenous cycles can occur in Ramsey models with heterogeneous households and borrowing constraints. In this note, we address the issue of robustness in the more general case of endogenous labor supply and we explain the occurrence of local indeterminacy under progressive taxation.
publishDate 2009
dc.date.none.fl_str_mv 2009-04
2009-04-01T00:00:00Z
2018-06-11T08:11:45Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/15582
url http://hdl.handle.net/10400.5/15582
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Bosi, Stefano e Thomas Seegmuller (2009). "On local indeterminacy and endogenous cycles in Ramsey models with heterogeneous households". Portuguese Economic Journal, 8(1):53-58
1617-982X (print)
10.1007/s10258-009-0039-7
dc.rights.driver.fl_str_mv metadata only access
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rights_invalid_str_mv metadata only access
eu_rights_str_mv openAccess
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dc.publisher.none.fl_str_mv Springer Verlag
publisher.none.fl_str_mv Springer Verlag
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
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reponame_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
collection Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository.name.fl_str_mv Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
repository.mail.fl_str_mv info@rcaap.pt
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