Public investment is a central issue in the dynamic analyses of fiscal policy and economic
growth. Debt financing for public investment and its effects have recently received great …

This paper develops an overlapping generations model with debt-financed public
investment. The model assumes that government is subject to the golden rule of public …

This study investigates the relationship between the sustainability of public debt and
inequality in an endogenous growth model with heterogeneous agents. We show that the …

A typical approach to evaluating public investment projects requires an appropriate rate for
discounting future benefits and costs. In many developed countries, the practical discount …

This paper examines the long-term association between the productivity of public
expenditure and sources of deficit financing using panel data covering five CEMAC member …

This study examined the impact of public capital investment on the economic growth in
Egypt by using quarterly data that covers period from 2010Q2 to 2020Q1. The three …

This paper analyzes the growth and welfare effects of deficit% financed public investment
using an overlapping generations model with private and public capitals. We demonstrate …

Expenditure rules that are one of the types of fiscal rules are important in budgetary policies.
They facilitate to maintain a stable budget in accordance with the adopted strategy in the …

alışmanın amacı, maliye teorisinde sıklıkla tartışılan kamu gelir ve harcamalarının iktisadi
büyümeye etkisini analiz etmektir. Bu amaçla analizde kamu gelir ve harcamalarının toplam …

The main objectives of fiscal policy are to achieve balanced budget over the business cycle
and to achieve the stability of public finances: general government debt and general …