H6 - National Budget, Deficit, and Debt

  • La non-neutralité du mode de financement du gouvernement

    Technical Report No. 36 Paul Masson
    It has long been a subject of debate among economists as to whether different methods of financing government expenditures—issuing bonds or raising taxes—will bring about different effects on the economy. The purpose of this technical report is to quantify the substitution effects brought about by tax rate changes and to see to what extent they […]
    Content Type(s): Technical Reports Topic(s): Debt Management JEL Code(s): H, H6, H60

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