Paldam, Martin - School of Economics and Management, University of Aarhus - 2009
.econ.au.dk
The welfare state and Baumol’s law
Martin Paldam
1
4/3-2009
The welfare state and Baumol’s law … rising.
Jel: H5, H11, O41
Keywords: Welfare state, steady state growth
Section Content Page
1 Introduction 2
2The … explicit by either of
two policies: (1) The tax share will be constant. (2) The welfare state will be preserved. How
the …