Minford, A.P.L. and Peel, David (1983) On the effectiveness of automatic stabilizers under rational expectations when there is partial current information. Economics Letters, 11 (3). pp. 225-229. ISSN 0165-1765
Full text not available from this repository.Official URL: http://dx.doi.org/10.1016/0165-1765(83)90140-4
Abstract
A number of papers have considered the impact of automatic stabilizers on the behaviour of real output in an economy. In this paper we consider the influence of tax stabilizers on output in amodelembodyinga Sargent-Wallace supply curve and an economy wide capitalmarket. We show that the impact of taxes on the variance of output is not independent of the degree of monetary noise.
| Item Type: | Article |
|---|---|
| Journal or Publication Title: | Economics Letters |
| Subjects: | H Social Sciences > HB Economic Theory |
| Departments: | Lancaster University Management School > Economics |
| ID Code: | 55915 |
| Deposited By: | ep_importer_pure |
| Deposited On: | 17 Jul 2012 14:47 |
| Refereed?: | Yes |
| Published?: | Published |
| Last Modified: | 26 Jul 2012 20:44 |
| Identification Number: | |
| URI: | http://eprints.lancs.ac.uk/id/eprint/55915 |
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