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Analysis of tax effects on household debts of a nation in a monetary union

Kim, Minseong (2016): Analysis of tax effects on household debts of a nation in a monetary union.

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Abstract

Unlike many theoretical analysis of tax effects on household debts in a monetary union, this paper builds up analysis from a household budget constraint, instead of starting from a model. By a monetary union, it is assumed that all nations in the union share same currency. The size of tax multiplier is analyzed.

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