, investment, and the distribution of funds for consumption, particularly if the windfall is both anticipated and temporary. We … optimal policy involves cutting distortionary taxation in order to raise investment and wages; and where Ricardian consumers … investment in infrastructure. -- Natural resource revenue ; windfall public revenues ; risk premium on foreign debt ; public …

The macroeconomic effects on growth, investment and private sector employment of different ways of rolling back the … cutting public spending on private goods induce an investment boom. Making the tax system less progressive by cutting tax … credits and the income tax rate induces an investment boom as well. The effects of endogenous growth, adjustment costs for …