We examine the long-run GDP impacts of changes in total government expenditure and in the shares of different spending … associated with, at most, modestly lower long-run GDP levels. …

over the next 50 years, can be expected to finance expected increases in social welfare expenditures. Projections from two … separate models, dealing with social expenditures and income tax and GST revenue, are used. The results suggest that the modest …

expenditures and budget deficits—on long-run growth. It considers the relevance of recent advances in growth theory for low …

Recent evidence on the impact of fiscal policy – taxes, public expenditures and budget deficits – on long-run growth in … OECD countries has adopted the Barro (1990) framework to distinguish between ‘productive’ and ‘unproductive’ expenditures … individual country growth effects of actual changes in taxes, expenditures and deficits appear plausible at around –0.3 to +0 …

of statistically robust, but economically small, GDP growth effects from changes in marginal rates of both personal and …

morale could help both to understand and to fight tax evasion. In this paper we analyze the effect of progressive taxation on …