This paper analyzes the growth and employment effects of dynamic fiscal policies in an overlapping generations model with endogenous growth and imperfect labour markets. With balanced-budget policies, the modelled closed economy grows at a constant rate which is the higher, the lower are the...

This paper compares public health care with private health insurance in an overlapping generations endogenous growth model. It is shown that economic growth is higher when there is a private health insurance.

The contributions to this volume offer an insight into the way that economists analyse the causes of money (mis)management in the US, Latin America, Europe and Japan, and prescribe stabilizing reforms. The mechanisms that link monetary policy - including foreign exchange regimes and the...