Multiplicador de presupuesto equilibrado con impuestos indirectos bajo competencia imperfecta
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 positive and monotonically non-increasing relationship between the magnitude of both the balanced budget and w...
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| Format: | Online |
| Langue: | anglais |
| Éditeur: |
El Colegio de México, A.C.
2003
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| Accès en ligne: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/190 |
| Institution: |
Estudios Económicos |
| Résumé: | 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 positive and monotonically non-increasing relationship between the magnitude of both the balanced budget and welfare multipliers and market-power is obtained. |
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