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government spending, a change in taxation does not alter the set of feasible life-time consumption plans of the households and …
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government spending, a change in taxation does not alter the set of feasible life-time consumption plans of the households and …
Persistent link: https://www.econbiz.de/10010427638
unchanged. In this scenario, a change in the mode of taxation affects the present value of disposable income in the private …
Persistent link: https://www.econbiz.de/10010427647
This note identifies a severe mistake in my article “Unexpected Consequences of Ricardian Expectations” that appeard in this journal in the July 2013 issue.
Persistent link: https://www.econbiz.de/10010427661