IDEAS home Printed from https://ideas.repec.org/a/adr/anecst/y2004i73p53-61.html
   My bibliography  Save this article

Growth effects of fiscal policy in presence of altruism and human capital

Author

Listed:
  • Fernando Sánchez-Losada

Abstract

We analyze the relationship between economic growth and fiscal policy in an overlapping generations economy with joy-of-giving altruism, where endogenous growth is driven by the accumulation of human capital through formal schooling. The government finances public expenditure through labor income taxes and debt. We show that for each public expenditure level there exists a debt level that maximizes the economic growth rate.

Suggested Citation

  • Fernando Sánchez-Losada, 2004. "Growth effects of fiscal policy in presence of altruism and human capital," Annals of Economics and Statistics, GENES, issue 73, pages 53-61.
    • Handle: RePEc:adr:anecst:y:2004:i:73:p:53-61
    as

    Download full text from publisher

    File URL: http://www.jstor.org/stable/20079068
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    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:adr:anecst:y:2004:i:73:p:53-61. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Secretariat General or Laurent Linnemer (email available below). General contact details of provider: https://edirc.repec.org/data/ensaefr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.