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_c144295 _d144295 |
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| 003 | ES-MaIEF | ||
| 005 | 20210614110700.0 | ||
| 007 | ta | ||
| 008 | 210614t2021 us ||||| |||| 00| 0|eng d | ||
| 040 |
_aES-MaIEF _bspa _cES-MaIEF |
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| 100 | 1 |
_969072 _aNguyen, Anh D. M. |
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| 245 | 4 |
_aThe macroeconomic effects of income and consumption tax changes _c Anh D. M. Nguyen, Luisanna Onnis and Raffaele Rossi |
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| 260 | _c2021 | ||
| 500 | _aResumen. | ||
| 504 | _aBibliografía. | ||
| 520 | _aThis paper estimates the effects of exogenous changes in income and consumption taxes. The tax shocks are proxied with a narrative account of tax liability changes in the United Kingdom. Income tax cuts have large effects on GDP, private consumption, and investment. The effects of consumption tax cuts are modest and not statistically significant on GDP and its components. Shifting the burden of taxation from income to consumption is expansionary. Consistent with conventional public finance theories, these results indicate that it is crucial to distinguish between direct and indirect taxation when studying the transmission mechanism of fiscal policy. | ||
| 650 | 4 |
_aRENTA _950200 |
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| 650 | 4 |
_aCONSUMO _940658 |
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| 650 | 4 |
_aIMPUESTOS _947460 |
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| 650 | 4 |
_aPOLITICA FISCAL _948067 |
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| 650 | 4 |
_aREINO UNIDO _948241 |
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| 650 | 4 |
_aANALISIS MACROECONOMICO _925837 |
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| 700 | 1 |
_969073 _aOnnis, Luisanna |
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| 700 | 1 |
_969074 _aRossi, Raffaele |
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| 773 | 0 |
_9165209 _oOP 2135/2021/2 _tAmerican Economic Journal : Economic Policy _w(IEF)134825 _x 1945-7731 _gv. 13, n. 2, May 2021, p. 439-466 |
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| 942 | _cART | ||