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-and obtains the opposite prediction. According to this model, public spending and taxes are lower under coalition governments that …
Persistent link: https://www.econbiz.de/10010520997
"The recent global financial crisis has shaken the confidence of developed and developing countries alike in the very blueprint of financial and macro policies that underlie the western capitalist systems. In an effort to contain the crisis from spreading, the authorities in the US and many...
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"The fact that raising taxes can increase taxed labor supply through income effects is frequently used to justify much … lower measures of the marginal welfare cost of taxes and greater public good provision than indicated by traditional …-and will provide the same result-as long as the income effects of both taxes and public good provision are incorporated in a …
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cardholders to acquire preventative, curative, and catastrophic health care services without fees. When it promotes healthy …
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fees levied in practice in fourteen, very diverse countries …
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"This paper relaxes some key assumptions in the probabilistic approach to fiscal sustainability. First, the authors identify structural breaks over the sample period used to estimate the covariance matrix of the shocks to the debt ratios. Second, the assumption of normality of the shocks is...
Persistent link: https://www.econbiz.de/10010521050