Ricardian Consumers With Keynesian Propensities
收藏NBER1984-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1400
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资源简介:
In this paper, we examine Ricardian equivalence of debt and tax finance in a world in which taxes are not lump-sum but are levied on risky labor income. First, we show that the marginal propensity to consume out of a tax cut, coupled with a future income tax increase, is positive under reasonable
提供机构:
美国国家经济研究局
创建时间:
1984-07-01



