Spendings Taxation for Economic Development |
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Contents
Kaldor and Prest and the Selection of a Method | 13 |
Analytical Method | 53 |
The Hoardable Goods Market | 60 |
8 other sections not shown
Common terms and phrases
assume assumptions average propensity capital accumulation capital gains cent change in savings change will increase chapter conclusion consumption function crease demand for money diagram discussion disposable income dissaving Economic Development economic growth Economic Journal Effect on Risk-taking equal revenue tax equilibrium expansionary expenditure tax Figure full loss offset future consumption greater growth models hoardable hoarding income effect income tax increase in savings increase savings indifference curves inflation inflationary interest rates investment potential investors Journal of Economics Kaldor level of income liquidity preference loanable funds marginal rate Musgrave and Domar Musgrave-Domar neoclassical neoclassical analysis optimum asset curve persons precautionary saving price level private savings progressive tax propensity to consume propensity to save rate of growth rate of interest rate of return rate tax redistribution effect reduce result return on savings risk saver savings ratio spendings tax substitution effect tax asset curve tax bracket tax change taxation taxpayer theory underdeveloped countries yield income