1 option
The Economic Effects of Government Expenditures / Laurence J. Kotlikoff.
- Format:
- Book
- Author/Creator:
- Kotlikoff, Laurence J.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w0964.
- NBER working paper series no. w0964
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1982.
- Summary:
- This paper discusses conceptual problems of distinguishing "expenditure" policy from "tax" policy and "deficit" policy. The paper argues that each of these concepts is ill-defined and does not provide a useful basis for examining the government" underlying fiscal policies. The fundamentals of fiscal policy involve changes in marginal incentives, inframarginal intra- and intergenerational redistribution, and direct government consumption. The paper reviews some of the effects of these fundamental policy choices on economic growth.
- Notes:
- Print version record
- August 1982.
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