A Note on Growth, Welfare and Public Policy
ABSTRACT ln this note the growth and welfare effects of fiscal and monetary policies are investigated in four economies where public investment is part of the productive process. It is shown that growth is maximized at positive levels of income tax and inflation but that there is no direct relations...
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| Format: | Article |
| Language: | English |
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Editora 34
2021-06-01
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| Series: | Brazilian Journal of Political Economy |
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| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572001000100106&tlng=en |