Series: IMF Working Papers
Author(s): Hyun Park
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2006
Keywords: allocative and redistributive policy, endogeneity, government spending, expenditure, tax rates, government expenditure, National Government Expenditures and Related Policies: General, Economic Growth and Aggregate Productivity: General,
This paper continues the study of optimal fiscal policy in a growing economy by exploring a case in which the government simultaneously provides three main categories of expenditures with distortionary tax finance:...