Fiscal policies and growth

Fiaschi, Davide (1996) Fiscal policies and growth. Bologna: Dipartimento di Scienze economiche DSE, p. 22. DOI 10.6092/unibo/amsacta/5049. In: Quaderni - Working Paper DSE (261). ISSN 2282-6483.
Full text disponibile come:
[thumbnail of 261.pdf]
Anteprima
Documento di testo(pdf)
Licenza: Creative Commons Attribution Non-commercial 3.0 (CC BY-NC 3.0)

Download (238kB) | Anteprima

Abstract

In this work we present an endogenous growth model where the Government finances a pubblic good by imposing two taxes, one on the return of the accumlative factor and the other on the return of the not accumulative factor. In an economy where individuals have different initial factor endowments, we determine the fiscal policy that maximizes the growth rate, the poltical equilibrium and , finally, the socially optimal fiscal policy. Because of the heterogeneity of individual's endowments maximizing growth rate does not imply maximum welfare; the political equilibrium fiscal policy does not maximise the growth rate, but it could be socially optimal if the inequality aversion degree is sufficiently high.

Abstract
Tipologia del documento
Monografia (Working paper)
Autori
AutoreAffiliazioneORCID
Fiaschi, Davide
Settori scientifico-disciplinari
ISSN
2282-6483
DOI
Data di deposito
04 Apr 2016 09:24
Ultima modifica
04 Apr 2016 09:24
URI

Altri metadati

Statistica sui download

Statistica sui download

Gestione del documento: Visualizza il documento

^