Title:

Optimal Fiscal Policy without Commitment: Revisiting Lucas-Stokey

Authors:

Davide Debortoli (U Pompeu Fabra, Centre for Economic Policy Research)
Ricardo Nunes (U Surrey, Centre for International Macroeconomic Studies)
Pierre Yared (Columbia U, National Bureau of Economic Research)

Journal:

Journal of Political Economy

Year:

2021

Volume:

129

Number:

5

Pages:

1640-1665