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中文摘要：
这份报纸在小开的经济与 productivegovernment 开销雇用一个随机的内长的生长模特儿分析最佳的财政政策。首先，小开的经济的 astochastic 模型被构造。第二， therepresentative 代理人的平衡答案“ s 随机的优化问题被导出。第三，我们获得中央规划者的 equilibriumsolutions “ s 随机的优化问题和最佳的 governmentexpenditure 政策。最后，最佳的税政策被描绘。
英文摘要：
This paper employs a stochastic endogenous growth model with productive government expenditure in a small open economy to analyze the optimal fiscal policy. First, a stochastic model of a small open economy is constructed. Second, the equilibrium solutions of the representative agent＇s stochastic optimization problem are derived. Third, we obtain the equilibrium solutions of the central planner＇s stochastic optimization problem and the optimal government expenditure policy. Finally, the optimal tax policy is characterized.
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