If following our model the latter is interpreted as the proportion of total spending which is e ffi cient, and if we assume that France could reach this optimal level, taking the

From this chapter it can be summarised in short that the project is about the development of optical solitons wave propagations through the simulation of the

If the government is a creditor, implying that the private sector is a debtor, a balanced govern- ment budget yields a higher long-run growth rate than a scenario where the

In this paper we have studied growth and welfare effects of three different debt policies in an endogenous growth model with public educational spending: a balanced budget policy,

Coromant turning tools usually have the carbide tip set at a greater inclination ( λ) than the top-rake angle ( γ ). Badly worn or

In the absence of fi scal rules, we get to the same conclusion for the case of a closed economy, that is, the debt dynamics are unstable if the interest rate is higher than the

Secondary outcome measures are time to delivery, preterm birth rate before 32 and 37 weeks, days of admission in neonatal intensive care unit, maternal morbidity, maternal

when the gov- ernment puts a high weight on stabilizing debt (on growth enhancing public spending). From an economic point of view, multiple BGPs mean that there exists an

Introduction This paper investigates the growth and welfare effects of public investment under the golden rule of public finance using an endogenous growth model with private and

Keywords : fiscal policy , fiscal decentralization, spending volatility, automatic stabilisers, country size.. JEL classification : H60, H71,

rolls, at 74% with the stocks seeing C-O-C improve sector witness stock specific supportive buying from lower levels..  ONGC saw

This paper contributes a small open economy model of endogenous growth with public capital accumulation which analyzes sustainable debt policy rules and economic growth by

They analyze an endogenous growth model with productive public capital and public debt and show that a balanced-budget rule (BBR) implies a higher long-run growth rate compared to

current study incorporates wealth heterogeneity and elastic labor supply into an R&D-driven endogenous-.. growth model to analyze the effects of patent policy on growth

In this randomized controlled trial, the re- searchers compare the effects of induction of labor and of expectant management on the rate of neonatal sepsis (the proportion of

The directive effects of substituents in ferrocene have been investigated by means of Fried el -Crafts acetylation studies. It was demonstrated that the effec t of

Data source obtain from Central Bureau of Statistics (BPS) West Sumatra Province. Data analysis consisted of statistical descriptive analysis, model estimation test,

(1993) production function and concluded that the threshold of public finance sustainability is increasing in public capital stock: countries with already high levels of