Fiscal reform, long-run growth and welfare in a monetary model: The case of Mexico
Arturo Antón-Sarabia ()
Estudios Económicos, 2005, vol. 20, issue 2, 143-172
A neoclassical endogenous growth model is presented where a representative household deriving utility from both consumption and leisure must use money in order to purchase consumption goods. Taxes on money holdings, capital and labor income may be used to finance an exogenous stream of wasteful government expenditures. The model is especially calibrated for the Mexican economy and used to analyze the effect of alternative tax reforms and higher government expenditure levels on both growth and welfare.
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:emx:esteco:v:20:y:2005:i:2:p:143-172
Access Statistics for this article
More articles in Estudios Económicos from El Colegio de México, Centro de Estudios Económicos Contact information at EDIRC.
Bibliographic data for series maintained by Ximena Varela ().