Expansionary effects of the welfare state in a small open economy

We examine the relationship between welfare state policies and economic performance in a small open economy with (i) free trade in final goods and international capital mobility, and (ii) aggregate increasing returns to scale. Contrary to the conventional wisdom, we find that a retrenchment of welfa...

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Bibliographic details
Volume: 18
Main Author: Molana, Hassan
Montagna, Catia
Format: Journal Article
Language: English
Place of publication: Greenwich Elsevier Inc 2007
Elsevier
Elsevier Science Ltd
published in: The North American journal of economics and finance Vol. 18; no. 3; pp. 231 - 246
Data of publication: 2007
ISSN: 1062-9408
1879-0860
EISSN: 1879-0860
Discipline: Economics
Business
Series: The North American Journal of Economics and Finance
Subjects:
E6
F1
H3
J5
F4
Online Access: available in Bonn?
Database: RePEc
RePEc IDEAS
CrossRef
Database information Databases - DBIS