ALTERNATIVE STRATEGIES TO REDUCE PUBLIC DEFICITS: THE CASE OF SPAIN
Journal: Bulletin of Taras Shevchenko National University of Kyiv. Economics (Vol.145, No. 4)Publication Date: 2013-04-01
Authors : O. Bajo-Rubio; A. Gуmez-Plana;
Page : 19-22
Keywords : Government deficit; taxes; spending; computable general equilibrium;
Abstract
High government deficits are a matter of concern in many European countries. We examine the effects of several alternative measures intended to reduce public deficits, distinguishing between those acting through either taxes or spending. Our analysis is applied to the Spanish economy, using a computable general equilibrium model.
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