Faculty Publications

Title

The Timing Of Changes In G And T In The Balanced-Budget Multiplier

Document Type

Article

Journal/Book/Conference Title

International Journal of Social Economics

Volume

17

Issue

10

First Page

17

Last Page

21

Abstract

When government expenditure (G) and taxes (7) are increased by equal amounts, the resulting increase in income (NNP) is exactly equal to the increase in government expenditure. The multiplier is equal to 1 (unity). This is the famous balanced budget mdtiplier theorem[l, p. 344]. © 1990, Emerald Backfiles

Original Publication Date

10-1-1990

DOI of published version

10.1108/EUM0000000000457

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