We construct a growth model with an explicit government role, where more government resources reduce the optimal level …-2008, we use different proxies for government size and institutional quality. Our results, consistent with the presented growth … model, show a negative effect of the size of government on growth. Similarly, institutional quality has a positive impact on …

financial crises affect growth. We find that economic growth is lower in the presence of more volatile fiscal policy. Moreover …

We study the relevance of fiscal rules for growth in an EU panel. Our results show that they foster growth, while … stricter fiscal rules mitigate the adverse impact on growth from big governments. Moreover, more recent EU member states have …

We construct a growth model with an explicit government role, where more government resources reduce the optimal level …-2008, we use different proxies for government size and institutional quality. Our results, consistent with the presented growth … model, show a negative effect of the size of government on growth. Similarly, institutional quality has a positive impact on …