This paper surveys the literature on fiscal policy and economic growth. We present a
unifying framework for the analysis of long run growth implications of government …

This paper studies whether a reallocation of the components of public spending and
revenues can enhance economic growth using data on 14 EU countries during 1990-2006 …

This article proposes refined econometric estimates of effective marginal income tax rates for
23 OECD countries from 1951 to 1990. Panel regressions find such measures negatively …

This chapter is concerned with numerical simulation of dynamic economic models. We focus
on some basic algorithms and assess their accuracy and stability properties. This analysis is …

Este trabajo estudia el impacto que la inversión en capital humano tiene en el ingreso
salarial de los individuos en México. Su propósito es evaluar los incentivos económicos que …

This paper considers the implications of environmental tax reform and public spending
policy for growth and welfare. Using a two-sector endogenous growth model where the …

This paper studies the allocation of public spending between education services and
infrastructure investment in an endogenous growth model of a developing economy where …

This article is a first attempt to provide a quantitative evaluation of the welfare gains resulting
from the introduction of flat income taxation in Bulgaria in 2008. Using a calibrated …

Policy debate surrounding education focuses on whether governments should increase
financial support for higher education. This paper addresses this issue by quantifying the …

We compute the growth effects of adopting a revenue‐neutral flat tax for both a human
capital–based endogenous growth model and a standard neoclassical growth model. Long …