Short term gain, long term pain? Impact of New Zealand's fiscal stimulus : A dynamic general equilibrium analysis
In this report we use our new dynamic computable general equilibrium model to analyse the impact of the personal tax cuts, cuts to small business taxes, and infrastructure spending that have been announced since late last year. We have assumed in this paper that the Government will need to raise taxes after the economy recovers to deal with the projected budget deficits and worsening net Crown debt.
|Date of creation:||13 May 2009|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.nzier.org.nz/|
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Blanchard, Olivier J & Cottarelli, Carlo & Spilimbergo, Antonio & Symansky, Steven, 2009.
"Fiscal Policy for the Crisis,"
CEPR Discussion Papers
7130, C.E.P.R. Discussion Papers.
When requesting a correction, please mention this item's handle: RePEc:ris:nzierw:2009_003. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sarah Spring)
If references are entirely missing, you can add them using this form.