Progressive taxation, macroeconomic stabilization and efficiency in Europe /

The paper contributes to the debate on the stability/efficiency tradeoff of automatic stabilizers. A simple AD-AS two-country model is presented and illustrates circumstances where a reduction in taxes can foster stabilization. The testable implication from the model is that tax cuts can either incr...

Πλήρης περιγραφή

Κύριος συγγραφέας: Martinez-Mongay, Carlos.
Corporate συγγραφέας: European Commission : Directorate-General for Economic and Financial Affairs.
Μορφή: Βιβλίο
Γλώσσα: Greek
English
Στοιχεία έκδοσης: Brussels- Belgium: European Comission: Directorate-General for Economic and Financial Affairs, 2005.
Σειρά: European Economy. Economic papers ; 233.
Διαθέσιμο Online: http://ec.europa.eu/economy_finance/publications/publication_summary602_en.htm
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