The thesis has closely examined that an important shortcoming of the Keynesian analysis is the neglect of potential tax-induced aggregate supply effects, and therefore, just as Marshall's proverbial scissors with one "misplaced" blade, the government cannot make proper policy decision. Hence, this paper incorporates the tax-induced aggregate supply effects into the analysis.
When a model does not include the supply-side effects of tax-induced, it degrades to a Ramirez (1986) and cannot be sued for policy assignment. On the other hand, a model incorporates the tax-induced aggregate supply effects remedies the flaws in Ramirez (1986) and can be used for appropriate policy assignment.
| Identifer | oai:union.ndltd.org:NSYSU/oai:NSYSU:etd-0707104-003902 |
| Date | 07 July 2004 |
| Creators | Chen, Yu-lung |
| Contributors | none, none, Wen-ya Chang |
| Publisher | NSYSU |
| Source Sets | NSYSU Electronic Thesis and Dissertation Archive |
| Language | Cholon |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | http://etd.lib.nsysu.edu.tw/ETD-db/ETD-search/view_etd?URN=etd-0707104-003902 |
| Rights | campus_withheld, Copyright information available at source archive |
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