Finite Lifetimes and the Crowding Out Effects of Budget Deficits
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https://www.nber.org/papers/w1955
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资源简介：
This note explores the sensitivity of the short-run savings effects of government deficits to assumptions about household planning horizons. Using a lifecycle simulation model, we show that even though deficit policies shift sizable tax burdens to future generations, individuals live long enough to
提供机构：
美国国家经济研究局
创建时间：
1986-06-01
