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Government Size and Output Volatility: New International Evidence
(Valtion taloudellinen tutkimuskeskus VATT, 2004-07-08)
This paper re-examines the relationship between government size and output volatility from two perspectives. First, we use a wider international data set of 91 countries over the period 1980–1999 and thus not only the OECD ...
Is There a Laffer Curve Between Output and Public Sector Employment?
(Valtion taloudellinen tutkimuskeskus VATT, 1999-01-01)
This paper develops a model of the relationship between public sector employment, total output and aggregate real demand in market prices, where public employment has a positive productivity effect on private output and ...