Add to ORKGThis paper examines the role of fiscal policy in the long run. We show that (i) dynamic inefficiency in a standard OLG model generates aggregate demand problems in a Keynesian setting, (ii) fiscal policy can be used to achieve full-employment growth, (iii) the required debt ratio is inversely related to both the growth rate and government consumption, and (iv) a simple and distributionally neutral tax scheme can maintain full employment in the face of variations in ‘household confidence
Greiner A. Public debt, productive public spending and endogenous growth. Working Papers in Economic...
This paper examines the fiscal requirements for continuous full employment. We find that (i) changes...
We investigate the impact on intertemporal distribution caused by a change of policy from tax to def...
This paper examines the role of fiscal policy in the long run. We show that (i) dynamic inefficiency...
Fiscal policy is needed to avoid dynamic inefficiency and maintain full employment in a modified Dia...
This paper makes three main points. Fiscal policy, first, may be needed in the long run to maintain ...
We present a continuous time version of a dynamic analysis of debt-to-GDP ratio, and examine the eff...
This paper analyzes the dynamics of public debt in a simple two-period overlapping-generations model...
We examine the effects of a fiscal policy by tax reduction which realizes full-employment from a sta...
We present a game-theoretic analysis of fiscal policy under economic growth from the perspective of ...
This paper presents a dynamic stochastic general equilibrium model with nominal rigidities, capital ...
Research that seeks to estimate the effects of fiscal policies on economic growth has ignored therol...
The aim of this dissertation is to present a simple theoretical framework in order to study the dyna...
Abstract There is a controversy in the literature about the economic contribution of public deficit....
The paper studies the short-run, transitional, and long-run output effects of permanent and temporar...
Greiner A. Public debt, productive public spending and endogenous growth. Working Papers in Economic...
This paper examines the fiscal requirements for continuous full employment. We find that (i) changes...
We investigate the impact on intertemporal distribution caused by a change of policy from tax to def...
This paper examines the role of fiscal policy in the long run. We show that (i) dynamic inefficiency...
Fiscal policy is needed to avoid dynamic inefficiency and maintain full employment in a modified Dia...
This paper makes three main points. Fiscal policy, first, may be needed in the long run to maintain ...
We present a continuous time version of a dynamic analysis of debt-to-GDP ratio, and examine the eff...
This paper analyzes the dynamics of public debt in a simple two-period overlapping-generations model...
We examine the effects of a fiscal policy by tax reduction which realizes full-employment from a sta...
We present a game-theoretic analysis of fiscal policy under economic growth from the perspective of ...
This paper presents a dynamic stochastic general equilibrium model with nominal rigidities, capital ...
Research that seeks to estimate the effects of fiscal policies on economic growth has ignored therol...
The aim of this dissertation is to present a simple theoretical framework in order to study the dyna...
Abstract There is a controversy in the literature about the economic contribution of public deficit....
The paper studies the short-run, transitional, and long-run output effects of permanent and temporar...
Greiner A. Public debt, productive public spending and endogenous growth. Working Papers in Economic...
This paper examines the fiscal requirements for continuous full employment. We find that (i) changes...
We investigate the impact on intertemporal distribution caused by a change of policy from tax to def...