Title of article :
Externalities and fiscal policy in a Lucas-type model
Author/Authors :
Manuel A. G?mez، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2005
Abstract :
This paper devises a fiscal policy capable of decentralizing the optimal growth path in a Lucas-type model when average human capital has an external effect in the goods sector and average learning time has an external effect in human capital accumulation.
Keywords :
Human capital , Optimal policy , Externalities
Journal title :
Economics Letters
Journal title :
Economics Letters
