A macro model is developed incorporating the productive e®ects of public expenditure, but also allowing for congestion. The Pigouvian tax rate to correct for the distortion caused by congestion is found and the optimal level of public expenditure is characterized
We study the politico-economic equilibrium of a parametric version of the neoclassical growth model,...
In this paper we study an endogenous growth model, in which public maintenance expenditures a¤ect th...
The paper contributes to the discussion of fiscal competition with infrastructure goods. We explicit...
We examine the impact of fiscal policy on macroeconomic performance and welfare when public capital...
This paper focuses on the trade-off faced by governments in deciding the allocation of public expend...
This paper focuses on the role of government capital as a critical productive input when the level o...
[Abstract]: We devise an endogenous growth model with private and public physical capital, and human...
By shedding light on market imperfections and the congestion of public goods, we show that free entr...
We examine the impact of scal policy on macroeconomic performance when public goods play a dual role...
Behavioral differences between economies where infrastructure is privately provided and where the go...
ABSTRACT: The paper provides a theoretical framework for analysing the effects of public infrastruct...
We examine the impact of \u85scal policy on macroeconomic performance when public goods play a dual ...
We build an endogenous growth model in which government expenditure is divided into public consumpti...
We construct and simulate a model to study the welfare and macroeconomic impact of government action...
In this paper we study the equilibrium properties of an endogenous growth model, in which public mai...
We study the politico-economic equilibrium of a parametric version of the neoclassical growth model,...
In this paper we study an endogenous growth model, in which public maintenance expenditures a¤ect th...
The paper contributes to the discussion of fiscal competition with infrastructure goods. We explicit...
We examine the impact of fiscal policy on macroeconomic performance and welfare when public capital...
This paper focuses on the trade-off faced by governments in deciding the allocation of public expend...
This paper focuses on the role of government capital as a critical productive input when the level o...
[Abstract]: We devise an endogenous growth model with private and public physical capital, and human...
By shedding light on market imperfections and the congestion of public goods, we show that free entr...
We examine the impact of scal policy on macroeconomic performance when public goods play a dual role...
Behavioral differences between economies where infrastructure is privately provided and where the go...
ABSTRACT: The paper provides a theoretical framework for analysing the effects of public infrastruct...
We examine the impact of \u85scal policy on macroeconomic performance when public goods play a dual ...
We build an endogenous growth model in which government expenditure is divided into public consumpti...
We construct and simulate a model to study the welfare and macroeconomic impact of government action...
In this paper we study the equilibrium properties of an endogenous growth model, in which public mai...
We study the politico-economic equilibrium of a parametric version of the neoclassical growth model,...
In this paper we study an endogenous growth model, in which public maintenance expenditures a¤ect th...
The paper contributes to the discussion of fiscal competition with infrastructure goods. We explicit...