How is Tax Policy Conducted over the Business Cycle?
It is well known by now that government spending has typically been procyclical in developing economies but acyclical or countercyclical in industrial countries. Little, if any, is known, however, about the cyclical behavior of tax rates (as opposed to tax revenues, which are endogenous to the busin...
| Main Authors: | , |
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| Format: | Journal Article |
| Published: |
American Economic Association
2018
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/29303 |