, , ; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Sustainable Plans"; ; "batchuser@example.com"; "Kehoe, Patrick J.", "Chari, V. V."; "Federal Reserve Bank of Minneapolis"; "Game theory"; "D58 - Computable and Other Applied General Equilibrium Models", "E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination"; "We propose a definition of time consistent policy for infinite horizon economies with competitive private agents. Allocations and policies are defined as functions of the history of past policies. A sustainable equilibrium is a sequence of history-contingent policies and allocations that satisfy certain sequential rationality conditions for the government and for private agents. We provide a complete characterization of the sustainable equilibrium outcomes for a variant of Fischer's (1980) model of capital taxation. We also relate our work to recent developments in the theory of repeated games."^^; "Sustainable plans and mututal default / V. V. Chari, Patrick J. Kehoe.", "New sustainable plans / V. V. Chari, Patrick J. Kehoe.", "Sustainable plans and debt / V. V. Chari, Patrick J. Kehoe."; "1989-02"; "2018-03-13T20:21:23.785426259+00:00"^^; "https://doi.org/10.21034/wp.377"; ; "19890600fedmsr122", "19900800jpe9804"; "https://creativecommons.org/licenses/by-nc/4.0/"; "2020-12-07T22:27:06.138075301+00:00"^^; "19881200fedmwp377", "19880500fedmwp377"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "393", "129"; "Working paper (Federal Reserve Bank of Minneapolis. Research Department)"; "377"; "Game theory"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department"; """Published in _Journal of Political Economy_ (Vol. 98, No. 4, August 1990, pp. 783-802), https://doi.org/10.1086/261706. An updated version of this Working Paper is available as [Staff Report 122](https://doi.org/10.21034/sr.122). """^^; ; "Publication" . ; ; ; . ; ; . ; ; .