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|z 9781451868524
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Bayoumi, Tamim.
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|a Government for the People :
|b On the Determinants of the Size of U.S. Government /
|c Tamim Bayoumi, Fernando M. Goncalves.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2007.
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|a 1 online resource (31 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Trends in the size of U.S. government are examined. In the postwar period, general government primary spending rose by u percent of GDP a year through 1975, stabilizing thereafter. With higher social transfers offset by a lower burden of defense spending, expansion reflected a baby-boom driven rise in education spending. The parallel improvement in tax efficiency helped equate the benefits of higher spending with the costs from higher taxation, in accordance with a marginalist view of the size of government. Looking forward, the retirement of baby boomers appears likely to expand government and lead to a more efficient tax system.
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|a Mode of access: Internet
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|a Goncalves, Fernando M.
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|a IMF Working Papers; Working Paper ;
|v No. 2007/289
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2007/289/001.2007.issue-289-en.xml
|z IMF e-Library
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