This paper examines the relationship between real wages in the United States and productivity. The measure of … productivity includes the impact of public capital as well as private capital. Both neo-classical and Keynesian theories predict … studies. These studies, however, ignore the impact of public capital on productivity. Using Cobb-Douglas production function …

We evaluate the impact of a place-based infrastructure development scheme directed towards India's most "backward …

This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure … types of infrastructure spending and linkages between the final and intermediate goods sectors. We find that infrastructure … multipliers above unity if infrastructure spending and rising public debt are financed by consumption, dividend and labour income …

This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure … types of infrastructure spending and linkages between the final and intermediate goods sectors. We find that infrastructure … multipliers above unity if infrastructure spending and rising public debt are financed by consumption, dividend and labour income …