H6 - National Budget, Deficit, and Debt

• La non-neutralité du mode de financement du gouvernement

  Technical Report No. 36 Paul Masson

  It has long been a subject of debate among economists as to whether different methods of financing government expenditures—issuing bonds or raising taxes—will bring about different effects on the economy. The purpose of this technical report is to quantify the substitution effects brought about by tax rate changes and to see to what extent they […]

  Content Type(s): Staff research, Technical reports Topic(s): Debt management JEL Code(s): H, H6, H60

• Modelling Government Fiscal Behaviour in Canada

  Technical Report No. 34 Jack Selody, Kevin Lynch

  There are many models of fiscal policy in the economic literature and each has been based on a particular set of assumptions concerning the interaction of policy variables. However, even though these assumptions are critical to the behaviour of the models, there has as yet been no systematic attempt to test their validity or relative […]

  Content Type(s): Staff research, Technical reports Topic(s): Fiscal policy JEL Code(s): C, C5, C50, H, H3, H30, H6, H60