This paper studies a model of announcements by a privately in-formed government about the future state of economic activity in an economy subject to recurrent shocks and with distortions due to in-come taxation chosen by majority voting. Although transparent com-munication would ex-ante be desirable, we find that even a benevo-lent government may decide to be non-informative in an attempt to countervail the tax distortion in a second-best type of policy. In a politico-economic (Nash) equilibrium, transparency critically depends on inequality, which influences both tax and information distortions. Such influence in turn depends on labor supply elasticity. Our re-sults provide a rationale for independent national statistical offices, committe...
Should the fiscal authority use forward guidance to reduce future policy uncertainty perceived by pr...
Working Paper No. 318: Should the fiscal authority use forward guidance to reduce future policy unce...
This dissertation studies public policy in coordination environments, where there is complementarity...
This paper studies a model of announcements by a privately in-formed government about the future sta...
This paper studies a model of announcements by a privately in- formed government about the future st...
This paper studies a model of announcements by a privately in-formed government about the future sta...
This paper studies a model of announcements by a privately informed government about the future stat...
This paper investigates how government transparency depends on economic distortions. In an abstract ...
This paper investigates how government transparency depends on economic distortions. We first consid...
This paper investigates how government transparency depends on economic distortions. We first consid...
In this paper, we investigate how government transparency depends on economic distortions. We first ...
In this paper the behavior of a tax-collecting government (a tax office) when imposing a quantity-ta...
International audienceThe paper focuses on the signaling value of a tax when agents are less informe...
Should the fiscal authority use forward guidance to reduce future policy uncertainty perceived by pr...
This dissertation studies public policy in coordination environments, where there is complementarity...
Should the fiscal authority use forward guidance to reduce future policy uncertainty perceived by pr...
Working Paper No. 318: Should the fiscal authority use forward guidance to reduce future policy unce...
This dissertation studies public policy in coordination environments, where there is complementarity...
This paper studies a model of announcements by a privately in-formed government about the future sta...
This paper studies a model of announcements by a privately in- formed government about the future st...
This paper studies a model of announcements by a privately in-formed government about the future sta...
This paper studies a model of announcements by a privately informed government about the future stat...
This paper investigates how government transparency depends on economic distortions. In an abstract ...
This paper investigates how government transparency depends on economic distortions. We first consid...
This paper investigates how government transparency depends on economic distortions. We first consid...
In this paper, we investigate how government transparency depends on economic distortions. We first ...
In this paper the behavior of a tax-collecting government (a tax office) when imposing a quantity-ta...
International audienceThe paper focuses on the signaling value of a tax when agents are less informe...
Should the fiscal authority use forward guidance to reduce future policy uncertainty perceived by pr...
This dissertation studies public policy in coordination environments, where there is complementarity...
Should the fiscal authority use forward guidance to reduce future policy uncertainty perceived by pr...
Working Paper No. 318: Should the fiscal authority use forward guidance to reduce future policy unce...
This dissertation studies public policy in coordination environments, where there is complementarity...