Time consistency and optimal government policies in perfect foresight equilibrium

Rules Rather than Discretion: The Inconsistency of Optimal Plans

1977 • 7,667 citations

Essays in Positive Economics

1954 • 2,972 citations

Optimal Taxation and Public Production I: Production Eficiency

2016 • 1,135 citations

Public Investment, the Rate of Return, and Optimal Fiscal Policy.

1971 • 1,066 citations

Optimal Taxation and Public Production II: Tax Rules

2016 • 948 citations

On the Time Consistency of Optimal Policy in a Monetary Economy

1978 • 796 citations

Money and Growth: The Case of Long Run Perfect Foresight

1974 • 506 citations

The Welfare Cost of Inflationary Finance

1956 • 471 citations

Inflation in the Theory of Public Finance

1973 • 402 citations

Differential Taxation, Public Goods, and Economic Efficiency

1971 • 402 citations

THE WELFARE COST OF INFLATIONARY FINANCE

1956 • 394 citations

INFLATION IN THE THEORY OF PUBLIC FINANCE

1979 • 375 citations

The Stability of Models of Money and Growth with Perfect Foresight

1973 • 328 citations

Inflation Policy and Unemployment Theory.

1973 • 290 citations

A simple perfect foresight monetary model

1975 • 273 citations

Government Revenue from Inflation

1971 • 243 citations

A Note on Separability in Demand Analysis

1964 • 197 citations

A Note on Separability in Demand Analysis

1966 • 195 citations

Macroeconomic analysis and stabilization policy

1981 • 135 citations

Macroeconomic Analysis and Stabilization Policy.

1978 • 116 citations

Sufficient conditions in optimal control theory

1971 • 79 citations

Optimal seigniorage from money creation

1978 • 66 citations

Notes on Optimal Monetary Growth

1968 • 56 citations

Macroeconomic Dynamics and Growth in a Monetary Economy: A Synthesis

1978 • 23 citations

Applications of Control Theory to Macroeconomics

1976 • 21 citations

The Optimal Rate of Growth of Money

1968 • 15 citations

The Structure and Government of Labor Unions. Philip Taft

1956 • 1 citations