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    Please use this identifier to cite or link to this item: http://ir.lib.ncu.edu.tw/handle/987654321/29575


    Title: THE ROLE OF SUPPLY-SIDE EFFECT OF TAXES ON THE BALANCED BUDGET MULTIPLIER
    Authors: CHANG,WY;LAI,CC
    Contributors: 產業經濟研究所
    Keywords: RATES
    Date: 1992
    Issue Date: 2010-06-29 20:31:46 (UTC+8)
    Publisher: 中央大學
    Abstract: It is well-known in the macroeconomic literature that the balanced budget multiplier is positive. By adopting the principal tenets of the Supply-Side Economics, this paper reevaluates the validity of the ''balanced budget theorem'' according to the viewpoint proposed by Smyth [1970]. It shows that the balanced budget multiplier may be negative, depending on the extent of the tax-induced aggregate supply effects.
    Relation: PUBLIC FINANCE-FINANCES PUBLIQUES
    Appears in Collections:[產業經濟研究所] 期刊論文

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