When forces act on an economy, either to increase its activity or to cause a retreat, it activates a series of automatic self-stabilizers for the purpose of returning it to its original level of activity. This study examines the effects of one of the most important stabilizers, the tax-burden...

The unique characteristics of the fiscal policy in Israel that created one of the largest public sectors assumed many similarities to the characteristics described in the economic literature as related to non-Keynesian effects. The results point indeed to significant asymmetrical negative effect...