Environmental quality and pollution-augmenting technological change in a two-sector endogenous growth model

Article Abstract:

The relationship between environmental policy and economic development is examined by using a two-sector endogenous growth model characterized by pollution-augmenting technological innovation. Sustainable development is achieved when consumption and man-made inputs increase while pollution flow and natural capital stock is constant. Government exercises its role by investing some fraction of pollution tax revenues in pollution-augmenting knowledge.

Economic aspects, Environmental aspects, Economic development, Pollution, Environmental policy

---

Does monetary unification lead to excessive debt accumulation?

Article Abstract:

Monetary unification will result in the accumulation of public debt if discretionary monetary policy leads to inflation bias. Debt ceilings are useful in preventing excessive accumulation of debt in a monetary union by permitting an independent central bank to implement price stability measures. Debt targets that constrain stabilization policies help in preventing the excessive variability of public debt resulting from supply shocks.

Public Finance Activities, Administration of General Economic Programs, National Government Liabilities & Debt, Currency Stabilization Programs, Analysis, Management, Central banks, Monetary policy, National debt, Public debts, Currency stabilization, Price control, Price regulations

---

Tax reform and the Dutch labor market: an applied general equilibrium approach

Article Abstract:

Taxation policy in the Netherlands is used to exemplify a general equilibrium model of labor market theories. The effects of tax cuts on labor supply are evaluated.

Models, Netherlands, Economic policy, Taxation

Similar abstracts:

• Abstracts: Progressive taxes, equity, and human capital accumulation in an endogenous growth model with overlapping generations
• Abstracts: Minimum wages and the incentives for skill formation. Fair wages, involuntary unemployment and tax policies in the simple general equilibrium model
• Abstracts: The effects of firm specific taxes and government mandates with an application to the U.S. unemployment insurance program

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.