To Starve or Not to Starve the Beast? /
For thirty years prominent voices have advocated a policy of starving the beast cutting taxes to force government spending cuts. This paper analyzes the macroeconomic and welfare consequences of this policy using a two-country general equilibrium model. Under several strong assumptions the policy, i...
| Autor principal: | Kumhof, Michael |
|---|---|
| Altres autors: | Laxton, Douglas, Leigh, Daniel |
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2010/199 |
| Accés en línia: | Full text available on IMF |
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