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 Fiscal Policy in a Growth Model with a Public Capital Externality. Computational Accuracy and Optimal Investments in Public, Private, and Human Capital
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Fiscal Policy in a Growth Model with a Public Capital Externality. Computational Accuracy and Optimal Investments in Public, Private, and Human Capital

автор Bassam A. издательство Книга по Требованию Книги
Cтраниц 164        мягкая обложка       
Аннотация:This book addresses three questions that are central to the analysis of fiscal policy. Third, is a consumption tax optimal in an economy with public and private human capital when the tax structure is time-invariant? First, how good are linearization and higher-order approximations in an endogenous growth model with public capital? To answer these questions, I have used an endogenous growth model where the growth is driven by accumulation of human capital and fueled by a public capital externality. I conclude: (i) the policies that involve the highest rates of economic growth do not always provide the highest welfare; (ii) the traditional methods used to analyze the impact of tax policy alternatives might involve significant approximation errors, and the use of actual transitional path in analyzing fiscal policy in this book eliminates this problem; and (iv) the long-run welfare benefits of fiscal policy reform may take years to be realized, with welfare losses accruing in the short-run. Second, how important are the transitional dynamics in assessing fiscal policy alternatives when comparing the long-run economic growth and welfare?
Автор: Bassam A.
Издательство: Книга по Требованию
Год:2010
Цена:
2625 руб
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Поиск: Fiscal Policy in a Growth Model with a Public Capital Externality. Computational Accuracy and Optimal Investments in Public, Private, and Human Capital
НОВЫЙ ГОД СИМВОЛ 2013 ГОДАУКРАШЕНИЯ
КАРНАВАЛ НА НОВЫЙ ГОД РАСПРОДАЖА
Ортомолекулярная медицина Orthomol Устрание причин заболеваний. Ортомоль это новый метод для лечения и профилактики болезней. Orthomol - ортомолекулярная медицина.
Нобелевские лауреаты по экономике (на 23 человека)...

В работе «Экономический смысл познания через практику» (" he Eco omic Implica io of Lear i g by Doi g", 1962) Э. предположил, что производство становится более эффективным по мере роста общего выпуска продукции, т. к. рабочая сила приобретает опыт. В статье на эту тему доказывалось, что рыночная экономика имеет тенденцию недовкладывать средства в исследования и разработки из-за некоммерческого характера нововведений в этой области. Его работа «Очерки по теории принятия рискованных решений» ("Essays o he heory of Risk Beari g", 1963), представляющая собой лекции в память Ерьо Йонассена, до сих пор остается одним из лучших введений в экономику неопределенности. Эта работа Э. значительно расширила наше понимание как возможностей, так и ограниченности рыночного механизма. Соответствующие критерии для государственных инвестиций – таков предмет книги Э. «Государственные инвестиции, норма прибыли и оптимальная налоговая политика» ("Public I ves me , he Ra e of Re ur , a d Op imal Fiscal Policy", 1970), написанной совместно с экономистом Мордекаи Курцем.
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