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being considered inclusive, given the persistently high levels of poverty and income inequality across the continent. To … public debt service exacerbates both poverty and income inequality, underscoring the adverse consequences of mounting public … debt pressures in the region. Interestingly, while government expenditure reduces inequality and worsens poverty, an …
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Inequality and the Size of US State Government -- Inequality and Government Size: A Political Economy Theory and OECD … Evidence -- Inequality and Government Debt -- Population Aging and the Composition of Taxes: A Political Economy Theory …This book aims to empirically and theoretically study how income inequality and demographic change affected fiscal …
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This paper studies the implications of changes in the fiscal (spending-tax) policy mix when all categories of spending and taxes are according to their functional breakdown. In so doing, we build a general equilibrium OLG model which naturally incorporates the main functional categories of...
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We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...
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