Kamiguchi, Akira; Tamai, Toshiki - In: Economic Modelling 28 (2011) 3, pp. 1335-1340
This paper presents an examination of the interaction between indeterminacy and productive government spending financed by taxes in a one-sector growth model. In the paper, we show that the possibility of indeterminacy is positively affected by dependence on income tax financing and is...