Spend Now, Pay Later? : Tax Smoothing and Fiscal Sustainability in South Asia.

This paper tests a version of Barro's tax-smoothing model, which assumes intertemporal optimization by a government seeking to minimize the distortionary costs of taxation, using Pakistan and Sri Lankan data for 1956-95 and 1964-97, respectively. The empirical results indicate that Pakistan...

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Údar corparáideach: International Monetary Fund
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1999.
Sraith:IMF Working Papers; Working Paper ; No. 1999/063
Rochtain ar líne:Full text available on IMF