NON‐TRADED GOODS AND THE LONG‐RUN EFFECTS OF MACROECONOMIC POLICY UNDER ALTERNATIVE EXCHANGE RATE REGIMES
In: The Manchester School, Band 50, Heft 3, S. 266-284
ISSN: 1467-9957
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In: The Manchester School, Band 50, Heft 3, S. 266-284
ISSN: 1467-9957
In: Public administration: an international journal, Band 47, Heft 3, S. 375-376
ISSN: 1467-9299
In: National Institute economic review: journal of the National Institute of Economic and Social Research, Band 32, S. 33-42
ISSN: 1741-3036
In this country, when Governments change tax-rates, their main purpose is usually to alter the general level of demand. They clearly need to know, as best they can, how much effect on demand various types of tax change will have. Further, outside the Government, any short-term forecast of the economy also needs to make some estimate of the consequences of tax changes.