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Short term gain, long term pain? Impact of New Zealand's fiscal stimulus: A dynamic general equilibrium analysis

Schilling, C and Giesecke, James A ORCID: 0000-0002-7283-0551 (2009) Short term gain, long term pain? Impact of New Zealand's fiscal stimulus: A dynamic general equilibrium analysis. Working Paper. New Zealand Institute of Economic Research (NZIER).

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Abstract

In this report we use our new dynamic computable general equilibrium model to analyse the impact of the personal tax cuts, cuts to small business taxes, and infrastructure spending that have been announced since late last year. We have assumed in this paper that the Government will need to raise taxes after the economy recovers to deal with the projected budget deficits and worsening net Crown debt.

Item Type: Monograph (Working Paper)
Additional Information:

ZIER working paper 2009/3.
ISSN: 1170-2583

Uncontrolled Keywords: C68 E62 H24 H25; CGE modelling; income taxes; personal; New Zealand; fiscal stimulus
Subjects: FOR Classification > 1402 Applied Economics
Faculty/School/Research Centre/Department > Centre of Policy Studies (CoPS)
Depositing User: Symplectic Elements
Date Deposited: 24 Sep 2015 07:20
Last Modified: 15 May 2019 04:34
URI: http://vuir.vu.edu.au/id/eprint/29411
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