Fiscal Policy and Redistribution in a Small Open Economy with Aging Population

This paper sets up a two agent small open economy with monopolistically competitive firms and catching up with the Joneses to investigate the labor and capital Laffer curve, taking into account aging population along the line of Auray et al. (2016), Gali and Monacelli (2005), and Trabandt and Uhlig...

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Bibliographic Details
Main Author: Yongseung Jung
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2021-12-01
Series:East Asian Economic Review
Subjects: