MINEA, Alexandru; EHRHART, Hélène; VILLIEU, Patrick - Centre d'Études et de Recherches sur le Développement … - 2009
The endogenous growth literature has established the existence of an inverted-U curve between taxes and economic growth, namely a Growth Laffer Curve (GLC). We develop a growth model with public investment as the engine of perpetual growth, and look for the effect of deficit, tax and money...