Fiscal policy and direct crowding-out in a small open economy
β Scribed by Juha Tervala
- Publisher
- Springer-Verlag
- Year
- 2008
- Tongue
- English
- Weight
- 197 KB
- Volume
- 5
- Category
- Article
- ISSN
- 1612-4804
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
In this paper, we develop a general model of an imperfectly competitive small open economy. There is a traded and non-traded sector, whose outputs are combined in order to produce a single ΓΏnal good that can be either consumed or invested. We make general assumptions about preferences and technology
This paper studies the dynamic properties of a standard one-sector model of endogenous growth with inelastic labor supply, in which capital taxes are used to ΓΏnance public production and consumption services. The government is benevolent and chooses its tax policy by taking into account the decentra