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 financing on economic growth. We study in particular the way fiscal and monetary policies (through deficit and seigniorage respectively) deform the GLC. An empirical section based on a panel of developing countries provides GMM-system estimators that support our theoretical conclusions
Investigation of budget deficit and government debt relationship with economic growth is one of the ...
Research that seeks to estimate the effects of fiscal policies on economic growth has ignored the ro...
This paper responds to the development policy debate involving the World Bank and the IMF on the use...
The endogenous growth literature established the existence of an inverted-U curvebetween taxes and e...
The endogenous growth literature has established the existence of an inverted-U curve between taxes ...
Chambas, J.-L. Combes, P. Combes-Motel and J. Mathonnat for valuable comments. Usual disclaimers app...
The neoclassical growth models argued that the movement to steady states; technology, exogenous rate...
We examine the relation between fiscal policy and economic growth for a panel of 40 developing count...
This paper examines the relation between fiscal deficits and growth for a panel of 45 developing cou...
Traditional growth literature advocated the role of fiscal policy in establishing economic growth (M...
In this paper, we analyze government budget balance within a simple model of endogenous growth. For ...
The study is an empirical test of the effects of different categories of government expenditure, rev...
This study investigates if and how the economic growth effects of fiscal policy depend on the stage ...
Abstract The study examined the interdependence of sectorial growth, exchange rate and fiscal polic...
This thesis deals with the two subjects economic growth and fiscal policy. The first three chapters ...
Investigation of budget deficit and government debt relationship with economic growth is one of the ...
Research that seeks to estimate the effects of fiscal policies on economic growth has ignored the ro...
This paper responds to the development policy debate involving the World Bank and the IMF on the use...
The endogenous growth literature established the existence of an inverted-U curvebetween taxes and e...
The endogenous growth literature has established the existence of an inverted-U curve between taxes ...
Chambas, J.-L. Combes, P. Combes-Motel and J. Mathonnat for valuable comments. Usual disclaimers app...
The neoclassical growth models argued that the movement to steady states; technology, exogenous rate...
We examine the relation between fiscal policy and economic growth for a panel of 40 developing count...
This paper examines the relation between fiscal deficits and growth for a panel of 45 developing cou...
Traditional growth literature advocated the role of fiscal policy in establishing economic growth (M...
In this paper, we analyze government budget balance within a simple model of endogenous growth. For ...
The study is an empirical test of the effects of different categories of government expenditure, rev...
This study investigates if and how the economic growth effects of fiscal policy depend on the stage ...
Abstract The study examined the interdependence of sectorial growth, exchange rate and fiscal polic...
This thesis deals with the two subjects economic growth and fiscal policy. The first three chapters ...
Investigation of budget deficit and government debt relationship with economic growth is one of the ...
Research that seeks to estimate the effects of fiscal policies on economic growth has ignored the ro...
This paper responds to the development policy debate involving the World Bank and the IMF on the use...