López, Ramón; Galinato, Gregmar I.; Islam, Asif - In: Journal of Environmental Economics and Management 62 (2011) 2, pp. 180-198
During economic crises, governments often increase fiscal spending to stimulate the economy. While the fiscal spending surge may be temporary, spending composition is often altered in favor of expenditures on social programs and other public goods which may persist over time. We model and...
