Wenzel, Heinz-Dieter; Wrede, Matthias - In: Swiss Journal of Economics and Statistics (SJES) 129 (1993) II, pp. 123-150
In order to treat the problem of optimal growth of an aggregative economy, the goverment is introduced into the neo-classical growth model. The properties of the government's dynamic budget constraint are analyzed. Hence different kinds of government's policy requirements are taken into account...