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Persistent link: https://www.econbiz.de/10003564623
We reexamine the properties of optimal fiscal policy and their implications for implementable capital accumulation. The setup is a standard endogenous growth model with public production services, augmented by elastic labor supply. We show that, when a benevolent government chooses a distorting...
Persistent link: https://www.econbiz.de/10011409385
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Persistent link: https://www.econbiz.de/10009300482
We reexamine the properties of optimal fiscal policy and their implications for implementable capital accumulation. The setup is a standard endogenous growth model with public production services, augmented by elastic labor supply. We show that, when a benevolent government chooses a distorting...
Persistent link: https://www.econbiz.de/10001653714
We reexamine the properties of optimal fiscal policy and their implications for implementable capital accumulation. The setup is a standard endogenous growth model with public production services, augmented by elastic labor supply. We show that, when a benevolent government chooses a distorting...
Persistent link: https://www.econbiz.de/10013320598