Public Infrastructures, Public Consumption, and Welfare in a New-Open-Economy-Macro Model /
This paper focuses on the trade-off faced by governments in deciding the allocation of public expenditures between productivity-enhancing public infrastructures and utility-enhancing public consumption. From the modeling point of view, the paper augments a standard New Open Economy Macroeconomics (N...
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格式: | 雜誌 |
語言: | English |
出版: |
Washington, D.C. :
International Monetary Fund,
2007.
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叢編: | IMF Working Papers; Working Paper ;
No. 2007/067 |
在線閱讀: | Full text available on IMF |