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Published in 2019 at "Macroeconomic Dynamics"
DOI: 10.1017/s1365100517001080
Abstract: This paper studies the growth and welfare effects of macroprudential regulation in an overlapping generations model of endogenous growth with banking and agency costs. Indivisible investment projects combine with informational imperfections to create a double…
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Keywords:
growth;
regulation;
effects macroprudential;
welfare effects ... See more keywords
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Published in 2025 at "International Journal of Economic Theory"
DOI: 10.1111/ijet.12425
Abstract: This paper explores the impact of fiscal policies on growth, welfare, and public deficits in tertiary education financing using a two‐sector growth model. It evaluates trade‐offs between public and private funding, comparing scenarios with and…
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Keywords:
growth welfare;
spending;
tertiary education;
growth ... See more keywords