This dissertation studies the effects of fiscal policy and the challenges due to government debt. The first part of the work consists of an analysis of fiscal policy and government debt in theoretical models. We show in Chapter 2, how the public debt structure, split into internal and external...

The general objective of this dissertation is to understand the relationship between economic growth, government expenditure in public services and infrastructure on different sectors of the population. Through three essays this dissertation pursues the objective by explicitly highlighting the...