THE TIMING OF CHANGES IN G AND T IN THE BALANCED-BUDGET MULTIPLIER

被引:0
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作者
RAIKLIN, E
机构
[1] University of Northern Iowa, Cedar Falls, Iowa
关键词
D O I
10.1108/EUM0000000000457
中图分类号
F [经济];
学科分类号
02 ;
摘要
When government expenditure (G) and taxes (7) are increased by equal amounts, the resulting increase in income (NNP) is exactly equal to the increase in government expenditure. The multiplier is equal to 1 (unity). This is the famous balanced budget mdtiplier theorem[l, p. 344]. © 1990, Emerald Backfiles
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页码:17 / 21
页数:5
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