Federal Reserve Bank of Cleveland
Working Papers (Old Series)
Optimal fiscal policy, public capital, and the productivity slowdown
A presentation of a quantitative-theoretical model that can account for much of the behavior of the stock of public capital in the U.S. economy over the last 70 years, with an application to examining some possible causes of the slowdown in the growth of U.S. labor productivity.
Cite this item
Steven P. Cassou & Kevin J. Lansing, Optimal fiscal policy, public capital, and the productivity slowdown, Federal Reserve Bank of Cleveland, Working Papers (Old Series) 9509, 1995.
Keywords: Capital ; Fiscal policy ; Labor productivity
This item with handle RePEc:fip:fedcwp:9509
is also listed on EconPapers
For corrections, contact 4D Library ()