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Taxes and Growth: New Narrative Evidence from Interwar Britain

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NBER2018-06-01 更新2025-01-04 收录
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The impact of fiscal policy on economic activity is still a matter of great debate. And, ever since Keynes first commented on it, interwar Britain, 1918- 1939, has remained a particularly contentious case | not least because of its high debt environment and turbulent business cycle. This debate has

财政政策(fiscal policy)对经济活动(economic activity)的影响至今仍是学界广泛争论的议题。自凯恩斯(Keynes)首次对此展开论述以来,1918至1939年的两次世界大战间英国始终是一个颇具争议的研究案例——这在很大程度上源于当时该国所处的高债务环境与动荡不安的商业周期。这场争论已

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2018-06-01
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