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Public Policy Models

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... Following Lucas and Stokey, we present and solve a simple complete-markets model of optimal fiscal policy. In this model the implications for optimal policy from our model. The model implies that bondholders should have suffered a capital Current fiscal policy may also be inconsistent with the model's optimal policy. The model provides a baseline for regard to the best practices of the traditional models of attendance policy as it gives to the alternative models as the over time while satisfying the government budget constraint. Recently, Michael Woodford and Christopher Sims have independently shown that these optimal policy models can be viewed ...



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Sources list for PUBLIC POLICY MODELS:

Feder, G., & Uy, L. (1985). The Determinants of International Creditworthiness and Their Implications. Journal of Policy Modeling 7, 1: 133-56.
Sovereign Ratings

Vanderzee, F. (April 25, 1997). Political economy models and agricultural policy formation: empirical applicability and relevance for the CAP. WAU dissertation no. 2251.
Economic Models of Voting

Dennis, Donald Philips (2002). Foreign Policy in a Democracy: The Role of the Foreign Policy Association. New York. (Foreign Policy Association, 2004) Foreign Policy Association (2004). Great Decisions. Foreign Policy, pgs. 5-9; 75-87.
The U.S.A. and Post-WWII Europe

"Rules Discretion and Reputation in a Model of Monetary Policy"- Journal of Monetary Economics- July 1983- Barro Robert J and David B Gordon.
U.S. Monetary Policy

Energy Modeling for India: Towards a Policy for Commercial Energy by Prof. R. Sengupta, Planning Commission of India.
India and Nuclear Energy

 


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