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• W2100047691 abstract "Following the recent developments of the literature on stabilization policies, this paper investigates the effect of tax distortions on equilibrium determinacy in a New Keynesian economy with rule-of-thumb consumers and capital accumulation. In particular, we focus on the inter-action between monetary policy and tax distortions in supporting the saddle-path equilibrium under the assumptions of balanced budget and monetary policy satisfying a Taylor rule." @default.
• W2100047691 created "2016-06-24" @default.
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• W2100047691 date "2007-05-01" @default.
• W2100047691 modified "2023-09-27" @default.
• W2100047691 title "Do Tax Distortions Lead to More Indeterminacy? A New Keynesian Perspective *" @default.
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• W2100047691 hasPublicationYear "2007" @default.
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