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Persistent link: https://www.econbiz.de/10003358367
Persistent link: https://www.econbiz.de/10003150504
The paper presents the fiscal theory of the price level in a variety of models, including endowment economies with lump-sum taxes and production economies with proportional income taxes. We offer a microeconomic perspective on the fiscal theory by computing a Slutsky-Hicks decomposition of the...
Persistent link: https://www.econbiz.de/10012784238
Persistent link: https://www.econbiz.de/10014230450
The paper presents the fiscal theory of the price level in a variety of models, including endowment economies with lump-sum taxes and production economies with proportional income taxes. We offer a microeconomic perspective on the fiscal theory by computing a Slutsky-Hicks decomposition of the...
Persistent link: https://www.econbiz.de/10005711436
The paper presents the fiscal theory of the price level in a variety of models, including endowment economies with lump-sum taxes and production economies with proportional income taxes. We offer a microeconomic perspective on the fiscal theory by computing a Slutsky-Hicks decomposition of the...
Persistent link: https://www.econbiz.de/10012467030