Fiscal policy within a common currency area – growth implications in the light of neoclassical theory
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Turnovsky,Stephen J., 2011.
"Capital Accumulation and Economic Growth in a Small Open Economy,"
Cambridge Books,
Cambridge University Press, number 9780521187527.
- Turnovsky,Stephen J., 2009. "Capital Accumulation and Economic Growth in a Small Open Economy," Cambridge Books, Cambridge University Press, number 9780521764759, January.
- Klaus F. Zimmermann, 2009.
"Labour Mobility and the Integration of European Labour Markets,"
Chapters, in: Ewald Nowotny & Peter Mooslechner & Doris Ritzberger-Grünwald (ed.), The Integration of European Labour Markets, chapter 1,
Edward Elgar Publishing.
- Zimmermann, Klaus F., 2009. "Labor Mobility and the Integration of European Labor Markets," IZA Discussion Papers 3999, Institute of Labor Economics (IZA).
- Klaus F. Zimmermann, 2009. "Labor Mobility and the Integration of European Labor Markets," Discussion Papers of DIW Berlin 862, DIW Berlin, German Institute for Economic Research.
- Groneck, Max, 2010. "A golden rule of public finance or a fixed deficit regime?: Growth and welfare effects of budget rules," Economic Modelling, Elsevier, vol. 27(2), pages 523-534, March.
- Sugata Ghosh & Udayan Roy, 2004. "Fiscal policy, long-run growth, and welfare in a stock-flow model of public goods," Canadian Journal of Economics, Canadian Economics Association, vol. 37(3), pages 742-756, August.
- Edward J. Balistreri & Christine A. McDaniel & Eina Vivian Wong, 2003. "An Estimation of U.S. Industry-Level Capital-Labor Substitution," Computational Economics 0303001, University Library of Munich, Germany.
- Andreas Irmen & Johanna Kuehnel, 2009.
"Productive Government Expenditure And Economic Growth,"
Journal of Economic Surveys, Wiley Blackwell, vol. 23(4), pages 692-733, September.
- Andreas Irmen & Johanna Kuehnel, 2008. "Productive Government Expenditure and Economic Growth," CESifo Working Paper Series 2314, CESifo.
- Alexandru Minea & Patrick Villieu, 2009.
"Borrowing to Finance Public Investment? The ‘Golden Rule of Public Finance’ Reconsidered in an Endogenous Growth Setting,"
Fiscal Studies, John Wiley & Sons, vol. 30(1), pages 103-133, March.
- Alexandru Minea & Patrick Villieu, 2009. "Borrowing to Finance Public Investment? The 'Golden Rule of Public Finance' Reconsidered in an Endogenous Growth Setting," Fiscal Studies, Institute for Fiscal Studies, vol. 30(1), pages 103-133, March.
- Alexandru Minea & Patrick Villieu, 2009. "Borrowing to Finance Public Investment? The "Golden Rule of Public Finance" Reconsidered in an Andogenous Growth Setting"," Post-Print hal-00387502, HAL.
- Willman, Alpo, 2002. "Euro area production function and potential output: a supply side system approach," Working Paper Series 153, European Central Bank.
- Simón Sosvilla-Rivero & Salvador Gil-Pareja, 2012.
"Convergence in car prices among European countries,"
Applied Economics, Taylor & Francis Journals, vol. 44(25), pages 3247-3254, September.
- Simon Sosvilla-Rivero & Salvador Antonio Gil-Pareja, 2011. "Convergence In Car Prices Among European Countries," Post-Print hal-00711454, HAL.
- Greiner, Alfred & Semmler, Willi, 2000. "Endogenous Growth, Government Debt and Budgetary Regimes," Journal of Macroeconomics, Elsevier, vol. 22(3), pages 363-384, July.
- Martin Kahanec, 2013.
"Labor mobility in an enlarged European Union,"
Chapters, in: Amelie F. Constant & Klaus F. Zimmermann (ed.), International Handbook on the Economics of Migration, chapter 7, pages 137-152,
Edward Elgar Publishing.
- Martin Kahanec, 2012. "Labor Mobility in an Enlarged European Union," Discussion Papers 2, Central European Labour Studies Institute (CELSI).
- Kahanec, Martin, 2012. "Labor Mobility in an Enlarged European Union," IZA Discussion Papers 6485, Institute of Labor Economics (IZA).
- Futagami, Koichi & Morita, Yuichi & Shibata, Akihisa, 1993. " Dynamic Analysis of an Endogenous Growth Model with Public Capital," Scandinavian Journal of Economics, Wiley Blackwell, vol. 95(4), pages 607-625, December.
- Alfred Greiner & Bettina Fincke, 2009. "Public Debt and Economic Growth," Dynamic Modeling and Econometrics in Economics and Finance, Springer, number 978-3-642-01745-2, July-Dece.
- Balistreri, Edward J. & McDaniel, Christine A. & Wong, Eina Vivian, 2003. "An estimation of US industry-level capital-labor substitution elasticities: support for Cobb-Douglas," The North American Journal of Economics and Finance, Elsevier, vol. 14(3), pages 343-356, December.
- Fisher, Walter H., 2010. "Relative Wealth, Growth, And Transitional Dynamics: The Small Open Economy Case," Macroeconomic Dynamics, Cambridge University Press, vol. 14(S2), pages 224-242, November.
- Simon Sosvilla-Rivero & Salvador Gil-Pareja, 2004.
"Price convergence in the European Union,"
Applied Economics Letters, Taylor & Francis Journals, vol. 11(1), pages 39-47.
- Simón Sosvilla-Rivero & Salvador Gil-Pareja, "undated". "Price Convergence in the European Union," Working Papers 2002-12, FEDEA.
- Joanna Wolszczak-Derlacz, 2010. "Does One Currency Mean One Price?," Eastern European Economics, Taylor & Francis Journals, vol. 48(2), pages 87-114, March.
- Guglielmo Meardi, 2012. "Union Immobility? Trade Unions and the Freedoms of Movement in the Enlarged EU," British Journal of Industrial Relations, London School of Economics, vol. 50(1), pages 99-120, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Michał Konopczyński, 2014. "How Taxes and Spending on Education Influence Economic Growth in Poland," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 8(3), September.
- Tamai, Toshiki, 2016. "Public investment, the rate of return, and optimal fiscal policy in a stochastically growing economy," Journal of Macroeconomics, Elsevier, vol. 49(C), pages 1-17.
- Kamiguchi, Akira & Tamai, Toshiki, 2019. "Public investment, public debt, and population aging under the golden rule of public finance," Journal of Macroeconomics, Elsevier, vol. 60(C), pages 110-122.
- Akira Kamiguchi & Toshiki Tamai, 2017. "Public Investment and Golden Rule of Public Finance in an Overlapping Generations Model," KIER Working Papers 971, Kyoto University, Institute of Economic Research.
- Pierre Richard Agénor & Devrim Yilmaz, 2006. "The Tyranny of Rules: Fiscal Discipline, Productive Spending, and Growth," Economics Discussion Paper Series 0616, Economics, The University of Manchester.
- Chandril Bhattacharyya, 2016.
"A note on endogenous growth with public capital,"
Economics Bulletin, AccessEcon, vol. 36(4), pages 2506-2518.
- Bhattacharyya, Chandril, 2014. "A Note on Endogenous Growth with Public Capital," MPRA Paper 55728, University Library of Munich, Germany.
- Andreas Irmen & Johanna Kuehnel, 2009.
"Productive Government Expenditure And Economic Growth,"
Journal of Economic Surveys, Wiley Blackwell, vol. 23(4), pages 692-733, September.
- Andreas Irmen & Johanna Kuehnel, 2008. "Productive Government Expenditure and Economic Growth," CESifo Working Paper Series 2314, CESifo.
- Groneck, Max, 2010. "A golden rule of public finance or a fixed deficit regime?: Growth and welfare effects of budget rules," Economic Modelling, Elsevier, vol. 27(2), pages 523-534, March.
- Michał Konopczyński, 2022. "Optimal Fiscal Policy in a Small Open Economy: Insights from the Growth Model with Human Capital and Public Debt," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 14(2), pages 131-160, June.
- Martin Murín, 2016. "Vplyv spôsobu tvorby fiškálneho deficitu na ekonomický rast [The Influence of Fiscal Deficit Creation on Economic Growth]," Politická ekonomie, Prague University of Economics and Business, vol. 2016(2), pages 176-192.
- P R Agénor & D Yilmaz, 2006. "The Tyranny of Rules: Fiscal Discipline, Productive Spending, and Growth," Centre for Growth and Business Cycle Research Discussion Paper Series 73, Economics, The University of Manchester.
- Kunihiko Konishi, 2013. "Public Research Spending in an Endogenous Growth Model," Discussion Papers in Economics and Business 13-26, Osaka University, Graduate School of Economics.
- Max Groneck, 2011. "The golden rule of public finance and the composition of government expenditures: a growth and welfare analysis," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 14(4), pages 273-294, December.
- Tamai, Toshiki, 2014. "Public capital, deficit financing, and economic growth in a stochastic economy," Journal of Macroeconomics, Elsevier, vol. 42(C), pages 14-26.
- Ueshina, Mitsuru, 2018. "The effect of public debt on growth and welfare under the golden rule of public finance," Journal of Macroeconomics, Elsevier, vol. 55(C), pages 1-11.
- Zhang, Lifeng & Ru, Yucong & Li, Jingkui, 2016. "Optimal tax structure and public expenditure composition in a simple model of endogenous growth," Economic Modelling, Elsevier, vol. 59(C), pages 352-360.
- Benos, Nikos, 2009. "Fiscal policy and economic growth: empirical evidence from EU countries," MPRA Paper 19174, University Library of Munich, Germany.
- Alfred Greiner, 2011. "Economic Growth, Public Debt and Welfare: Comparing Three Budgetary Rules," German Economic Review, Verein für Socialpolitik, vol. 12(2), pages 205-222, May.
- Ono, Tetsuo & Uchida, Yuki, 2018.
"Human capital, public debt, and economic growth: A political economy analysis,"
Journal of Macroeconomics, Elsevier, vol. 57(C), pages 1-14.
- Tetsuo Ono & Yuki Uchida, 2016. "Human Capital, Public Debt, and Economic Growth: A Political Economy Analysis," Discussion Papers in Economics and Business 16-01-Rev.3, Osaka University, Graduate School of Economics, revised Oct 2017.
- Tetsuo Ono & Yuki Uchida, 2016. "Human Capital, Public Debt, and Economic Growth: A Political Economy Analysis," Discussion Papers in Economics and Business 16-01, Osaka University, Graduate School of Economics.
- Tetsuo Ono & Yuki Uchida, 2016. "Human Capital, Public Debt, and Economic Growth: A Political Economy Analysis," Discussion Papers in Economics and Business 16-01-Rev.2, Osaka University, Graduate School of Economics, revised Jul 2017.
- Tetsuo Ono & Yuki Uchida, 2016. "Human Capital, Public Debt, and Economic Growth: A Political Economy Analysis," Discussion Papers in Economics and Business 16-01-Rev., Osaka University, Graduate School of Economics, revised Aug 2016.
- Alexandru Minea & Patrick Villieu, 2006.
"Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs,"
Post-Print
halshs-00261119, HAL.
- Alexandru Minea & Patrick Villieu, 2007. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00261106, HAL.
- Alexandru Minea & Patrick Villieu, 2007. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00253876, HAL.
- Alexandru MINEA & Patrick VILLIEU, 2007. "Long-run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," LEO Working Papers / DR LEO 1167, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
- Alexandru Minea & Patrick Villieu, 2008. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00370621, HAL.
- Alexandru Minea & Patrick Villieu, 2007. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00261112, HAL.
- Alexandru Minea & Patrick Villieu, 2007. "Long-Run Monetary and Fiscal Policy Trade-OFF in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00253818, HAL.
- Alexandru Minea & Patrick Villieu, 2007. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00261108, HAL.
- Alexandru Minea & Patrick Villieu, 2007. "Long-Run Monetary and Fiscal Policy Trade-off in an Endogenous Growth Model with Transactions Costs," Post-Print halshs-00268178, HAL.
- Alexandru Minea & Patrick Villieu, 2007. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00268195, HAL.
- Alexandru Minea & Patrick Villieu, 2008. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00370617, HAL.
- Alexandru Minea & Patrick Villieu, 2007. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00371184, HAL.
- Alexandru Minea & Patrick Villieu, 2007. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00253806, HAL.
- Villieu, P. & Minea, Alexandru, 2007. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Proceedings of the German Development Economics Conference, Göttingen 2007 23, Verein für Socialpolitik, Research Committee Development Economics.
- Alexandru Minea & Patrick Villieu, 2006. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00253899, HAL.
- Alexandru Minea & Patrick Villieu, 2006. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00254734, HAL.
- Alexandru Minea & Patrick Villieu, 2006. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00261130, HAL.
- Alexandru Minea & Patrick Villieu, 2007. "Long-Run Monetary and Fiscal Policy Trade-Off in an Endogenous Growth Model with Transaction Costs," Post-Print halshs-00370978, HAL.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wyz:journl:id:287. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marcin W. Staniewski, Ph.D. (email available below). General contact details of provider: https://edirc.repec.org/data/vizjapl.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.