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History‐Dependent Public Policies

David Evans and Thomas J. Sargent

in Macroeconomics at the Service of Public Policy

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199666126
eISBN:
9780191749278
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199666126.003.0008
Subject:
Economics and Finance, Macro- and Monetary Economics

A planner is compelled to raise a prescribed present value of revenues by levying a distorting tax on the output of a representative firm that faces adjustment costs and resides within a rational ... More


Scope and Limits of Independent Fiscal Institutions

Jürgen von Hagen

in Restoring Public Debt Sustainability: The Role of Independent Fiscal Institutions

Published in print:
2013
Published Online:
January 2014
ISBN:
9780199644476
eISBN:
9780191749100
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199644476.003.0003
Subject:
Economics and Finance, Financial Economics

In a review of the theoretical arguments behind the creation of independent fiscal institutions, the author shows that their proper design depends on the underlying fiscal failure—such as opacity, ... More


Money, Crises, and Transition: Essays in Honor of Guillermo A. Calvo

Carmen M. Reinhart, Carlos A. Vegh, and Andres Velasco (eds)

Published in print:
2008
Published Online:
August 2013
ISBN:
9780262182669
eISBN:
9780262282284
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262182669.001.0001
Subject:
Economics and Finance, Econometrics

Guillermo Calvo, one of the most influential macroeconomists of the last thirty years, has made pathbreaking contributions in such areas as time-inconsistency, lack of credibility, stabilization, ... More


Dull Disasters?: How planning ahead will make a difference

Daniel J. Clarke and Stefan Dercon

Published in print:
2016
Published Online:
June 2016
ISBN:
9780198785576
eISBN:
9780191827440
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198785576.001.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

Economic losses from disasters are now reaching an average of US$250–$300 billion a year. In the last 20 years, more than 530,000 people died as a direct result ... More


Introduction

Thomas J. Sargent and Jouko Vilmunen

in Macroeconomics at the Service of Public Policy

Published in print:
2013
Published Online:
May 2013
ISBN:
9780199666126
eISBN:
9780191749278
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199666126.003.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

The logical structures that emerge from striving to put economic theory at the service of public policy are intrinsically beautiful in their internal structures and also useful in their applications. ... More


Constitutionalizing Intergenerational Provisions

Iñigo González-Ricoy

in Institutions For Future Generations

Published in print:
2016
Published Online:
January 2017
ISBN:
9780198746959
eISBN:
9780191809248
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198746959.003.0010
Subject:
Political Science, Political Theory, Environmental Politics

The chapter provides an overview of the main forms that intergenerational constitutional provisions, i.e. provisions addressing the interests of future generations, can adopt. It then addresses the ... More


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