Alper, C. Emre; Ardic, Oya Pinar; Mumcu, Ayşe; Saglam, … - Volkswirtschaftliche Fakultät, … - 2006
In this paper we examine the welfare effects of government's preferences over consumption and investment spending under different methods of financing in a two-period OLG model. The government has a utility function defined over the decomposition of her spending over two periods and raises funds...