タイトル(掲載誌)CRR Discussion Paper, Series A
一般注記type:Technical Report
This paper investigates the interconnection between certain fiscal policiesin achieving a sustainable level of public debt. The fiscal policies that areinvestigated relate to the consumption tax rate, the income tax rate, and topublic spending. The paper focuses on the critical level of public debt-to-GDP ratio, for which if the ratio exceeds this level at time 0, then it divergesto +∞ as time passes. The paper theoretically examines how the criticallevel depends on the fiscal policies, and reveals some merits of consumptiontaxation. As the consumption tax rate increases, so income taxation andcutting public spending become more effective in sustaining public debt.
identifier:CRR Discussion Paper, Series A, No. A-20, pp. 1-17
一次資料へのリンクURLhttps://shiga-u.repo.nii.ac.jp/?action=repository_action_common_download&item_id=9844&item_no=1&attribute_id=19&file_no=1
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)