Intertemporal Revenue-Smoothing in the Postwar United States and Canada

Hafiz Akhand () and J-B Marshall

Working Papers from Regina - Department of Economics

Abstract: The hypothesis that cooperation between fiscal and monetary authorities to minimize the distortionary costs of financing an exogenous stream of government expenditures implies a long-run relationship between inflation and tax rates is called the revenue-smoothing hypothesis. This paper uses the marginal tax rate as a tax measure, and tests a hierarchy of hypoteses implied by the revenue-smoothing model.

Keywords: PUBLIC EXPENDITURES; TAXATION; FISCAL POLICY (search for similar items in EconPapers)
JEL-codes: E62 H21 (search for similar items in EconPapers)
Pages: 15 pages
Date: 1996
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fth:regina:71

Access Statistics for this paper

More papers in Working Papers from Regina - Department of Economics UNIVERSITY OF REGINA, DEPARTMENT OF ECONOMICS, REGINA SASKATCHEWAN S4S OA2 CANADA.. Contact information at EDIRC.
Bibliographic data for series maintained by Thomas Krichel ().