Tax Policy During the Recession : The Role of Fiscal Stimulus

Viard observes that fiscal stimulus to aggregate demand must be properly timed because stimulus 'borrows' output and jobs from the future rather than creating them from thin air. He also argues that increases in government purchases do not necessarily provide a larger (correctly measured) stimulative effect than tax cuts and advocates more generous tax deductions for business losses during recessions

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Year of publication:	2013
Authors:	Viard, Alan D.
Publisher:	[2013]: [S.l.] : SSRN
Subject:	Steuerpolitik \| Tax policy \| Konjunktur \| Business cycle \| Finanzpolitik \| Fiscal policy \| Antizyklische Finanzpolitik \| Countercyclical fiscal policy \| Wirtschaftskrise \| Economic crisis

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Extent:	1 Online-Ressource (5 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Tax Notes, Vol. 122, No. 2, 2009 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 12, 2009 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

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