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Tuesday, June 17, 2014

The Effectiveness of Tax Rebates as Countercyclical Fiscal Policy

Tax rebates increase demand:

Governments around the world are searching for macro-stimulation instruments. This column discusses evidence showing that rebate-type payments policies generate substantial increases in demand for goods and services. In particular, a large portion of tax rebates are spent rapidly on arrival.

Full post here: The effectiveness of tax rebates as countercyclical fiscal policy, by Jonathan A. Parker, Vox EU.

    Posted by on Tuesday, June 17, 2014 at 12:15 AM in Economics, Fiscal Policy | Permalink  Comments (25)

          


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