Buti, Marco; Martínez Mongay, Carlos; Sekkat, Khalid - In: CESifo economic studies : CESifo, a joint initiative of … 49 (2003) 1, pp. 123-140
, if the initial level of the tax burden is high, reducing it may lead to higher output stabilisation in the event of a … supply shock and higher inflation stabilisation in the event of a demand shock. Simulations show that European countries …