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| Author: | Matsuzaki, D. |
| Title: | The effects of a consumption tax on effective demand under stagnation |
| Journal: | Japanese Economic Review
2003 : MAR, VOL. 54:1, p. 101118 |
| Index terms: | PURCHASE TAX Money demand |
| Language: | eng |
| Abstract: | It is shown that increasing a consumption tax rate decreases effective demand in the case of heterogenous households under stagnation, when the ratio of poorer householdsto the total population is large. |
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