DHONT, T.; HEYLEN, F. - Faculteit Economie en Bedrijfskunde, Universiteit Gent - 2004
In this paper we analyse the impact of distortionary taxes, transfers related to structural nonemployment and productive government expenditures on employment and long-run growth. Our theoretical model builds on Barro (JPE, 1990) which we extend by endogenizing the decision to work and by...