Browsing The Economic and Social Review, Vol. 07, No. 4, 1976 by Subject "Tax"
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Built-in flexibility of taxation and stability when tax liabilities respond with a time lag .1. Comment
(Economic & Social Studies, Dublin, 1976)In the October 1975 issue of The Economic and Social Review, D. J . Smyth examined the built-in stability of a system when tax liabilities are a lagged function of income. Taking an unlagged and a distributed lag consumption ... -
Built-in flexibility of taxation and stability when tax liabilities respond with a time lag .2. Reply
(Economic & Social Studies, Dublin, 1976)In my earlier paper (Smyth, 1975b) I combined a distributed lag or permanent income consumption function with a lagged tax function. Bradley (1976) disputes my finding that short, two-period, oscillations may result and ...
