PRODUCTIVE GOVERNMENT EXPENDITURE IN A STOCHASTICALLY GROWING ECONOMY

DOI10.1017/S136510059901305XzbMath0947.91073OpenAlexW1964549997MaRDI QIDQ4944074

Stephen J. Turnovsky

Publication date: 4 June 2000

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1017/s136510059901305x

zbMATH Keywords

stochastic growthoptimal taxproductive government

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items (11)

Fiscal policy, banks and the financial crisis ⋮ Infrastructure, alternative government finance and stochastic endogenous growth ⋮ MILITARY SPENDING, THREATS AND STOCHASTIC GROWTH ⋮ Production technologies in stochastic continuous time models ⋮ Productive government expenditure in a stochastically growing open economy ⋮ Government purchases and the real exchange rate ⋮ A dynamic portfolio choice model of tax evasion: Comparative statics of tax rates and its implication for economic growth ⋮ Macroeconomic implications of early retirement in the public sector: the case of Brazil ⋮ GROWTH AND PUBLIC INFRASTRUCTURE ⋮ Progressive taxation as an automatic destabilizer under endogenous growth ⋮ Recursive utility, productive government expenditure and optimal fiscal policy

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