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Fiscal Policy With Impure Intergenerational Altruism

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NBER1988-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2613
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Recent work demonstrates that dynastic assumptions guarantee the irrelevance of all redistributional polices, distortionary taxes, and prices--the neutrality of fiscal policy (Ricardian equivalence) is only the "tip of the iceberg." In this paper, we investigate the possibility of reinstating
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1988-06-01
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