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. Optimal policy rules are derived for public services and investment. The other findings are as follows. Monetary policy should …
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compared to investment with regard to agricultural productivity so that policy makers hit the right tool and avoid less … public investment does to agricultural productivity. It is also found that power subsidy is the most effective component of …, researchers seem to favor investment expenditure instead. The present paper seeks to compare the usefulness of input subsidies as …
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intertemporal trade-off. Because investment in education affects labor productivity with a long lag, it takes 15+ years before net …We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different …
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