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 …, an increase in the debt-to-capital ratio is accompanied by higher taxes, a rise in unemployment and lower economic growth. …

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. …