Fiscal policy in models of economic growth
This thesis analyses fiscal policy in four models of economic growth. The first model is a variant of Jones [61]; overlapping generations are introduced and it is shown that the allocation is dynamically inefficient. As in Diamond [42], a debt financed transfer to current generations can lead to a P...
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University of Leicester
2009
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.551866 |