We construct a simple endogenous growth model to analyse the relationship between the composition of fiscal policy, economic growth and employment. The government sets different tax rates on labour income, capital income, and private consumption to finance productive expenditures,...

There is growing interest in public expenditure studies with regard to drug policy. These studies have a potential role on multiple levels. Firstly, they provide insight into how the drug budget is composed and what the public authority’s so-called ‘policy mix’ is. Moreover, in view of the...