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large and small economy, are examined: the effects of changes in government debt, higher government spending, tax reform …
Persistent link: https://www.econbiz.de/10013110695
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Intro -- Contents -- I. INTRODUCTION -- II. KEY FEATURES OF THE GLOBAL FISCAL MODEL -- III. CALIBRATING THE MODEL -- IV. THE MACROECONOMIC EFFECTS OF GOVERNMENT DEBT -- V. GOVERNMENT SPENDING SHOCKS AND PRIVATE CONSUMPTION -- VI. TAX DISTORTIONS AND THE BENEFITS OF TAX REFORM -- VII. THE EFFECTS...
Persistent link: https://www.econbiz.de/10012691006
Intro -- Contents -- I. Introduction -- II. The Model -- III. The Effects of Tax Cuts in a Small and Large Open Economy …
Persistent link: https://www.econbiz.de/10012691189
and small economy, are examined: the effects of changes in government debt; higher government spending; tax reform; and …
Persistent link: https://www.econbiz.de/10012778511
We develop a New-Open-Economy-Macro model in which Ricardian equivalence does not hold because of (i) distortionary … following a cut in labor or corporate income taxes in a small and large open economy. We analyze the sensitivity of the results …
Persistent link: https://www.econbiz.de/10012780441
We develop a New-Open-Economy-Macro model in which Ricardian equivalence does not hold because of (i) distortionary … following a cut in labor or corporate income taxes in a small and large open economy. We analyze the sensitivity of the results …
Persistent link: https://www.econbiz.de/10014399890
and small economy, are examined: the effects of changes in government debt; higher government spending; tax reform; and …
Persistent link: https://www.econbiz.de/10014402971