E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T15:14:18+00:00Alternative Public Spending Rules and Output Volatility
https://www.bankofcanada.ca/2002/11/working-paper-2002-37/
One of the central lessons learned from the Great Depression was that adjusting government spending each year to balance the budget increases the volatility of output.2002-11-01T15:43:06+00:00enAlternative Public Spending Rules and Output Volatility2002-11-01Economic modelsFiscal policyMonetary policy transmissionWorking Paper 2002-37 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp02-37.pdfAlternative Public Spending Rules and Output VolatilityJean-Paul LamWilliam ScarthNovember 2002EE5E52E58E6E62Entrepreneurial Risk, Credit Constraints, and the Corporate Income Tax: A Quantitative Exploration
https://www.bankofcanada.ca/2002/08/working-paper-2002-21/
This paper describes the positive effect that corporate income tax has on capital formation in the presence of liquidity constraints and uninsurable risk.2002-08-01T14:37:51+00:00enEntrepreneurial Risk, Credit Constraints, and the Corporate Income Tax: A Quantitative Exploration2002-08-01Economic modelsFiscal policyWorking Paper 2002-21 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp02-21.pdfEntrepreneurial Risk, Credit Constraints, and the Corporate Income Tax: A Quantitative ExplorationCésaire MehAugust 2002DD3D31EE6E62HH2H20H23Entrepreneurship, Inequality, and Taxation
https://www.bankofcanada.ca/2002/05/working-paper-2002-14/
This paper confirms the conjecture that the evaluation of tax policy leads to very different conclusions once the role of entrepreneurs is considered. Contrary to previous literature, the author finds that switching from a progressive to a proportional income tax system has a negligible effect on wealth inequality in the United States.2002-05-01T12:47:17+00:00enEntrepreneurship, Inequality, and Taxation2002-05-01Economic modelsFiscal policyWorking Paper 2002-14https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp02-14.pdfEntrepreneurship, Inequality, and TaxationCésaire MehMay 2002DD3D31EE6E62HH2H20H23