Amidst the debates about ‘austerity’ a number of vital debates in public finance have been sidelined. Because the reductions in government spending – smal
This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growt
This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budge
This paper develops an endogenous growth model of the influence of public investment, public transfers, and distortionary taxation on the rate of economic growt