Browsing FGV EPGE - Seminários de Pesquisa Econômica by Author "Dahlby, Bev"

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    • The marginal cost of funds from public sector borrowing 

      Dahlby, Bev
      2004-03-25
      An expression for the welfare cost of a marginal increase in the public debt is derived using a simple AK endogenous growth model. This measure of the marginal cost of public funds (MCF) can be interpreted as the marginal ...

    • Three applications of the marginal cost of public funds concept 

      Dahlby, Bev
      2005-07-28
      This paper illustrates the use of the marginal cost of public funds concept in three contexts. First, we extend Parry’s (2003) analysis of the efficiency effects excise taxes in the U.K., primarily by incorporating the ...