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- W2086497821 abstract "Abstract A number of papers have considered the impact of automatic stabilizers on the behaviour of real output in an economy. In this paper we consider the influence of tax stabilizers on output in a model embodying a Sargent-Wallace supply curve and an economy wide capital market. We show that the impact of taxes on the variance of output is not independent of the degree of monetary noise." @default.
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- W2086497821 date "1983-01-01" @default.
- W2086497821 modified "2023-09-27" @default.
- W2086497821 title "On the effectiveness of automatic stabilizers under rational expectations when there is partial current information" @default.
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- W2086497821 doi "https://doi.org/10.1016/0165-1765(83)90140-4" @default.
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