Macroeconomic Themes:61 Taxing and Spending. Macroeconomic Themes:62.

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Presentation transcript:

Macroeconomic Themes:61 Taxing and Spending

Macroeconomic Themes:62

3 Why Does the Tax Ratio Go Up and Down?

Macroeconomic Themes:64

5

6

7

8 Why There is a Deficit or Surplus Cycle in the Current Budget?

Macroeconomic Themes:69 Why is the Net Public Sector Investment Declining in the UK? (Source Navidata3)

Macroeconomic Themes:610 How much should be the tax rate to maximise the government revenue ?

Macroeconomic Themes:611 A Simple Laffer Curve Model:A Numerical Example

Macroeconomic Themes:612 How much should a government spend and how should tax revenue and government expenditure behave over the cycle?

Macroeconomic Themes:613 Keynesian Balanced budget multiplier argument

Macroeconomic Themes:614 Keynesian Built in stabiliser approach

Macroeconomic Themes:615 Macreoconomic controversy: Crowding-Out or Not?

Macroeconomic Themes:616 Financing budget deficit by an inflation tax

Macroeconomic Themes:617 Financing budget deficit by an inflation tax

Macroeconomic Themes:618

Macroeconomic Themes:619

Macroeconomic Themes:620 References