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9 publications found, searching for 'David Alan Aschauer '
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Public Policy Brief No. 43September 05, 1998
How Big Should the Public Capital Stock Be?
AbstractInvestment in infrastructure is necessary for a strong, flexible, and growing economy. However, the relationship between public capital and economic growth is not linear. At a certain level, the tax…more
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Working Paper No. 241July 01, 1998
Optimal Financing by Money and Taxes of Productive and Unproductive Government Spending
AbstractThis paper contains an investigation of the effects of different means of financing government spending on economic growth, inflation, and welfare. In this setting, two different types of government spending…more
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Working Paper No. 233April 01, 1998
Public Capital and Economic Growth
AbstractEmpirical research largely suggests that there is a positive role for public capital and a negative role for taxation and debt, and the effectiveness of public capital depends critically on…more
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Policy Note No. 2February 01, 1998
How Should the Surpluses Be Spent?
AbstractThe federal budget deficit is disappearing; some shadows linger, but the latest Congressional Budget Office projections put the government budget in deficit by only $5 billion in fiscal year 1998,…more
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Working Paper No. 196July 01, 1997
Skiki vono ko shtuvalo?
AbstractAfter the collapse of the Soviet bloc many of the transition economies experienced significant inflation, largely because their new monetary authorities and undeveloped tax infrastructure induced them to resort to…more
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Working Paper No. 191April 01, 1997
Dynamic Output and Employment Effects of Public Capital
AbstractStudies that have examined the effect of public spending on economic growth have reported esmates for the marginal product of public capital that are well in excess of, equal to,…more
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Working Paper No. 190April 01, 1997
Output and Employment Effects of Public Capital
AbstractStudies that have examined the effect of public spending on economic growth have reported esmates for the marginal product of public capital that are well in excess of, equal to,…more
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Working Paper No. 189April 01, 1997
Do States Optimize?
AbstractStudies that have examined the effect of public spending on economic growth have reported esmates for the marginal product of public capital that are well in excess of, equal to,…more
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Public Policy Brief No. 4March 03, 1993
Public Infrastructure Investment: A Bridge to Productivity Growth?
AbstractThis brief presents contrasting views on the effects of public infrastructure investment on private sector productivity. David Alan Aschauer states that the slower rate of productivity growth since the early…more
Download Public Policy Brief No. 4, 1993 PDF (8.87 MB)