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Límites de Deuda y Crecimiento Endógeno

Listed author(s):
  • Beatriz de Blas

    (Universidad Autónoma de Madrid)

Registered author(s):

    Este artículo estudia las consecuencias sobre el crecimiento y el bienestar de diversas políticas fiscales con y sin límites a la deuda pública. En la economía modelo, el gasto público puede tener dos papeles diferentes, bien como un factor en la función de producción, o bien suministrando servicios directamente en la función de utilidad. Cuando hay límites a la deuda, mayores impuestos sobre la renta laboral tienen un efecto positivo sobre el crecimiento si el gasto público es productivo. Lo contrario ocurre cuando es el capital privado el motor del crecimiento. Respecto al bienestar, reducir la deuda recurriendo a mayores impuestos conlleva un menor coste en bienestar que si se hace reduciendo el gasto público cuando éste es productivo.

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    Article provided by ELSEVIER in its journal Cuadernos de Economía.

    Volume (Year): 30 (2007)
    Issue (Month): 83 (Mayo-Agosto)
    Pages: 057-084

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    Handle: RePEc:cud:journl:v:30:y:2007:i:83:p:057-084
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    Asociación Cuadernos de Economía Elsevier España, S.L. José Abascal, 45, planta 3ª 28003 Madrid

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