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来源类型Working Paper
规范类型报告
DOI10.3386/w15438
来源IDWorking Paper 15438
Large Changes in Fiscal Policy: Taxes Versus Spending
Alberto F. Alesina; Silvia Ardagna
发表日期2009-10-22
出版年2009
语种英语
摘要We examine the evidence on episodes of large stances in fiscal policy, both in cases of fiscal stimuli and in that of fiscal adjustments in OECD countries from 1970 to 2007. Fiscal stimuli based upon tax cuts are more likely to increase growth than those based upon spending increases. As for fiscal adjustments, those based upon spending cuts and no tax increases are more likely to reduce deficits and debt over GDP ratios than those based upon tax increases. In addition, adjustments on the spending side rather than on the tax side are less likely to create recessions. We confirm these results with simple regression analysis.
主题Public Economics ; Taxation
URLhttps://www.nber.org/papers/w15438
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/573114
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GB/T 7714
Alberto F. Alesina,Silvia Ardagna. Large Changes in Fiscal Policy: Taxes Versus Spending. 2009.
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