Balanced Budget Multiplier with Indirect Taxes Under Imperfect Competition

  1. Torregrosa Montaner, Ramón José
Revista:
Estudios económicos

ISSN: 0186-7202

Año de publicación: 2003

Volumen: 18

Número: 1

Páginas: 3-13

Tipo: Artículo

DIALNET GOOGLE SCHOLAR lock_openAcceso abierto editor

Otras publicaciones en: Estudios económicos

Resumen

This paper presents two counter-examples to the Keynesian features attributed to imperfect competition in general equilibrium models. In particular, by considering indirect tax rates, a non possitive and monotonically non-increasing relationship between the magnitude of both the balanced budget and welfare multipliers and market-power is obtained.

Fuente de los datos: Dialnet