000			01458naa a2200205uu 4500
001			7121819345019
003			OSt
005			20190211163342.0
008			071218s2001 bl ||||gr |0|| 0 eng d
100	1		_aFERREIRA, Pedro Cavalcanti _933397
245	1	0	_aA note on growth, welfare and public poliy
260			_aSão Paulo : _bEditora 34, _cjan./mar. 2001
520	3		_aIn this note the growth and welfare effects of fiscal and monetary policies are investigated in four economies where public investment is part of the productive process. It is shown that growth is maximized at positive levels of income tax and inflation but that there is no direct relationship between government size, productivity and growth or between inflation and growth . However, unless there are no transfers, no political conflict or public goods in the economy, maximization of growth does not imply welfare maximization and the optimal tax rate and government size are greater than those that maximize growth. Money is not superneutral and the optimal rate of money creation is below the maximizing rate of growth
590			_aRevista de Economia Política 2001
590			_av. 21, n. 1(81)
773	0	8	_tRevista de Economia Política = Brazilian Journal of Political Economy _g21, 1 , p. 101-116 _dSão Paulo : Editora 34, jan./mar. 2001 _xISSN 01013157 _w
942			_cS
998			_a20071218 _b1934^b _cMariana
998			_a20140206 _b1442^b _ckarina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c25371 _d25371
041			_aeng