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Ukrainan Abstract: В монографії обґрунтовано фундаментальні засади розвитку державних фінансів в умовах хаотичного структурування економіки: окреслено напрями...
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This paper examines the quantitative implications of government fiscal policy in a discrete-time one-sector growth model with a productive externality that generates social increasing returns to scale. Starting from a laissez-faire economy that exhibits local indeterminacy, we show that the...
Persistent link: https://www.econbiz.de/10014192365
This paper examines the quantitative implications of government fiscal policy in a discrete-time one-sector growth model with a productive externality that generates social increasing returns to scale. Starting from a laissez-faire economy that exhibits local indeterminacy, we show that the...
Persistent link: https://www.econbiz.de/10014123313
This paper explores the effects of government fiscal policy in an infinite horizon, one-sector growth model with a productive externality and aggregate increasing returns. We show that, depending on the level of a constant tax or subsidy, the model can exhibit various types of endogenous...
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In this paper the main developments in post-Keynesian macroeconomics since the mid- 1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands...
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