European University at St Petersburg

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  • White Papers // Jan 2011

    Endogenous Growth In A Model With Heterogeneous Agents And Voting On Public Goods

    The authors consider a Barro-type endogenous growth model in which the government's purchases of goods and services enter into the production function. The provision of government services is financed by flat-rate (linear) income or lump-sum taxes. It is assumed that individuals differing in their discount factors vote on the tax...

    Provided By European University at St Petersburg

  • White Papers // Jan 2011

    Endogenous Growth In A Model With Heterogeneous Agents And Voting On Public Goods

    The authors consider a Barro-type endogenous growth model in which the government's purchases of goods and services enter into the production function. The provision of government services is financed by flat-rate (linear) income or lump-sum taxes. It is assumed that individuals differing in their discount factors vote on the tax...

    Provided By European University at St Petersburg