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Second-best tax policy in a growing economy with externalities
Cassou, Steven P.; Gorostiaga Alonso, Miren Arantzazu 
; Gutiérrez Huerta, María José; Hamilton, Stephen F. (University of the Basque Country, Department of Foundations of Economic Analysis II, 2006-10)
; Gutiérrez Huerta, María José; Hamilton, Stephen F. (University of the Basque Country, Department of Foundations of Economic Analysis II, 2006-10)
This paper investigates the exploitation of environmental resources in a growing economy within a second-best scal policy framework. Agents derive utility from two types of consumption goods one which relies on an ...
Social Security, Education, Retirement and Growth
Iza Padilla, María Amaya ; Echevarría Olave, Cruz Ángel (University of the Basque Country, Department of Foundations of Economic Analysis II, 2008-02)
; Echevarría Olave, Cruz Ángel (University of the Basque Country, Department of Foundations of Economic Analysis II, 2008-02)
In this paper we analyze the effects of social security policies in an unfunded, earnings-related social security system on the incentives to education investment and voluntary retirement, on growth and on income inequality. ...
Life Expectancy, Human Capital, Social Security and Growth
Echevarría Olave, Cruz Ángel ; Iza Padilla, María Amaya (University of the Basque Country, Department of Foundations of Economic Analysis II, 2005)
; Iza Padilla, María Amaya (University of the Basque Country, Department of Foundations of Economic Analysis II, 2005)
We analyze the effects of changes in the mortality rate upon life expectancy, education, retirement age, human capital and growth in the presence of social security. We build a vintage growth, overlapping generations model ...
Income Taxation and Growth in an OLG Economy: Does Aggregate Uncertainty Play any Role?
Echevarría Olave, Cruz Ángel ; Iza Padilla, María Amaya (2013-12-18)
; Iza Padilla, María Amaya (2013-12-18)
We analyze the effects of capital income taxation on long-run growth in a stochastic, two-period overlapping generations economy. Endogenous growth is driven by a positive externality of physical capital in the production ...