Brian L. Goff () (Economics Department, Western Kentucky University, Bowling Green, KY 42101.) Robert D. Tollison () (Department of Economics, University of Mississippi, University MS 38677.)
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We review and jointly test various competing theoretical and empirical models of U.S. federal deficits using annual data from 1889 to 1998. We find that tax smoothing matters and that political and interest group/distributional factors are also present in our results. Copyright 2002, Oxford University Press.
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Article provided by Oxford University Press in its journal Economic Inquiry.
Volume (Year): 40 (2002) Issue (Month): 3 (July) Pages: 457-469 Download reference. The following formats are available: HTML,
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