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, taxation and growth,most empirical analyses arerestricted to simple linear regressions of growth on some measure of …
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government spending, a change in taxation does not alter the set of feasible life-time consumption plans of the households and …
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Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT). These agencies have a suite of macroeconomic models to …
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This paper evaluates optimal public investment and fiscal policy for countries characterized by limited tax and debt capacities. We study a non stochastic CRS endogenous growth model where public expenditure is an input in the production process, in countries where distortions and limited...
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