Sustaining Ramsey plans with one-period bonds
Sign Up to like & getrecommendations! Published in 2019 at "Economic Theory"
DOI: 10.1007/s00199-019-01212-9
Abstract: Governments issue bonds that affect the choices of future governments. If carefully chosen, the debt structure can make the optimal fiscal policy plan time consistent, as shown by Lucas and Stokey (J Monet Econ 12(1):55–93,… read more here.
Keywords: one period; ramsey; policy plan; period bonds ... See more keywords
Propagation of a light pulse with a duration of less than one period in a resonant amplifying medium
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DOI: 10.1070/qel16619
Abstract: The propagation of a unipolar light pulse with a duration of less than one period in a two-level resonant amplifying medium is studied theoretically. In the process of amplification, the unipolar pulse becomes bipolar. The… read more here.
Keywords: duration; less one; light pulse; one period ... See more keywords