Browsing by Author "Mankiw, N"

Now showing items 21-26 of 26

    • Precautionary Saving and the Timing of Taxes 

      Kimball, Miles S.; Mankiw, N. Gregory (University of Chicago Press, 1989)
      This paper analyzes the effects of government debt and income taxes on consumption and saving in a world of infinitely lived house- holds having uncertain and heterogeneous incomes. The special structure of the model allows ...

    • Smart Taxes: An Open Invitation to Join the Pigou Club 

      Mankiw, N. Gregory (Palgrave Macmillan, 2009)
      Many economists favor higher taxes on energy-related products such as gasoline, while the general public is more skeptical. This essay, based on a talk given at the March 2008 meeting of the Eastern Economic Association, ...

    • Spreading the Wealth Around: Reflections Inspired by Joe the Plumber 

      Mankiw, N. Gregory (Springer Nature, 2010)
      This essay discusses the policy debate concerning optimal taxation and the distribution of income. It begins with a brief overview of trends in income inequality, the leading hypothesis to explain these trends, and the ...

    • Sticky Information in General Equilibrium 

      Mankiw, N. Gregory; Reis, Ricardo (MIT Press, 2007)
      This paper develops and analyzes a general-equilibrium model with sticky information. The only rigidity in goods, labor, and financial markets is that agents are inattentive, sporadically updating their information sets, ...

    • Sticky Information Versus Sticky Prices: A Proposal to Replace the New Keynesian Phillips Curve 

      Mankiw, N. Gregory; Reis, Ricardo (Massachusetts Institute of Technology Press, 2002)
      This paper examines a model of dynamic price adjustment based on the assumption that information disseminates slowly throughout the population. Compared with the commonly used sticky-price model, this sticky-information ...

    • What Measure of Inflation Should a Central Bank Target? 

      Mankiw, N. Gregory; Reis, Ricardo (MIT Press, 2003)
      This paper assumes that a central bank commits itself to maintaining an inflation target and then asks what measure of the inflation rate the central bank should use if it wants to maximize economic stability. The paper ...