A Note on Taxation, Imperfect Competition and the Balanced Budget Multiplier
This paper explores the implications of the form of taxation for the size of the balanced budget multiplier in imperfectly competitive models. The authors show that the balanced budget multiplier is positive but less than unity when there is either a lump-sum or a proportional profit tax, that it is zero when taxes are proportional to total income (wage and profit income), and that it can be negative when a proportional tax is levied on wage income alone. Copyright 1992 by Royal Economic Society.
(This abstract was borrowed from another version of this item.)
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||Feb 1991|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: +44 (0)1786 467473
Fax: +44 (0)1786 467469
Web page: http://www.econ.stir.ac.uk/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:stl:stlewp:91/4. 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: (Liam Delaney)
If references are entirely missing, you can add them using this form.