In this study, we attempt to investigate how educational subsidy, childcare allowance and family allowance affect economic growth and income distribution on the basis of simulation models which incorporate intergenerational ability transmission and endogenous fertility. The simulation results...

This paper analyzes the possibility of some generations' welfare improvement via child benefit programs, without making any generation worse off, in an overlapping generations economy that has endogenous fertility and large government debt levels. We derive the conditions for this improvement...

Purpose: The purpose of this paper is to analyze late disbursements for service delivery by focusing on donors’ General Budget Support disbursement to Tanzania and on the intergovernmental money flows in Tanzania. Design/methodology/approach: The authors examined empirical analysis using...

Purpose The purpose of this paper is to verify whether general budget support is a favorable aid modality under SDGs in developing countries. Design/methodology/approach The authors use panel data on government revenue, expenditure, and social indicators for the ten-year period from 1997 to 2006...

In this study, we analyse the relationship between interest rates on government bonds (GB) and the fiscal consolidation rule by using an overlapping generation model with endogenous and stochastic growth settings. Our key findings are summarized as follows. First, contrary to conventional view,...