government social insurance programs. This paper models the incentive effects of government subsidized private transfers and …

Tax or debt financing of a given rate of government expenditures would, according to the now well-known Ricardian … the possibility that the government and the private sector have different planning horizons. The paper finds no empirical …

One objective of government investment is to develop public infrastructure which may reduce private sector costs. In a …

fiscal variables, and in particular with government debt per capita. Using data from eighteen OECD countries the paper … behavior as government debt reaches high levels and as uncertainty about future taxes increases. Our results provide support … for this hypothesis, and also suggest that private and government consumption are substitutes in the household utility …

A government desiring support for its policy reform program, without coercion, behaves as if it faces a political … succeed and the outcome will be in their individual self-interest. Government behavior has implications for the program, whose … government uses various devices to mobilize support for its program. An informed expert could design a program acceptable to both …