• 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
  • Pages
    9
  • From page
    251
  • To page
    259
  • 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
  • Serial Year
    2005
  • Journal title
    Economics Letters
  • Record number

    435732