Verojen korotukset heikentävät talouskasvua [1-12] ja sitä ei kannata tehdä, jos haluaa talouskasvua.
Itse yhdyn Timon näkemykseen, että kaikki veronkorotukset tulee tällä hetkellä unohtaa.
Kirjallisuutta ja lähteitä
[1] Karamysheva, Madina.: How Do Fiscal Adjustments Work? An Empirical Investigation (November 15, 2019). Available at SSRN: https://ssrn.com/abstract=3512027 tai http://dx.doi.org/10.2139/ssrn.3512027
[2] McDermott, C John, and Robert F Wescott. 1996. An empirical analysis of fiscal adjustments." Staff Papers 43 (4): 725-753 https://doi.org/10.5089/9781451965957.001
[3] Tavares, Jose. 2004. “Does right or left matter? Cabinets, credibility and fiscal adjustments.” Journal of Public Economics 88 (12): 2447-2468. https://doi.org/10.1016/j.jpubeco.2003.11.001
[4] Ardagna, Silvia. 2004. “Fiscal stabilizations: When do they work and why.” European
Economic Review 48 (5): 1047-1074. https://doi.org/10.1016/j.euroecorev.2003.09.010
[5] Biggs, Andrew G, Kevin A Hassett, and Matthew Jensen. 2010. A guide for deficit reduction
in the United States based on historical consolidations that worked. Citeseer. https://www.aei.org/wp-content/uploads/2011/10/20101227-Econ-WP-2010-04.pdf
[6] Leigh, Daniel, Pete Devries, Charles Freedman, Jaime Guajardo, Douglas Laxton, and
Andrea Pescatori. 2010. “Will it hurt? Macroeconomic effects of fiscal consolidation.”
World Economic Outlook 93:124. https://www.imf.org/-/media/Websites/IMF/imported-flagship-issues/external/pubs/ft/weo/2010/02/pdf/_3sumpdf.ashx
[7] Henderson, David R. 2011. “Canada’s Budget Triumph.” Journal of Applied Corporate
Finance 23 (3): 8-17. https://doi.org/10.1111/j.1745-6622.2011.00336.x
[8] Alesina, Alberto, Carlo Favero, and Francesco Giavazzi. 2015. The output effect of fiscal consolidation plans." Journal of International Economics 96:S19-S42. https://doi.org/10.1016/j.jinteco.2014.11.003
[9] Jalil, Andrew J. 2016. “Comparing tax and spending multipliers by controlling for monetary
policy.” International Journal of Economics and Business Research 12 (1): 62-90. https://doi.org/10.1504/IJEBR.2016.078815
[10] Alesina, Alberto, Gualtiero Azzalini, Carlo Favero, Francesco Giavazzi, and Armando Miano. 2018. “Is it the” “How” or the “When” that Matters in Fiscal Adjustments?" IMF
Economic Review 66 (1): 144-188. https://link.springer.com/article/10.1057/s41308-017-0047-z
[11] Glomm, Gerhard, Juergen Jung, and Chung Tran. 2018. “Fiscal austerity measures: spending cuts vs. tax increases.” Macroeconomic Dynamics 22 (2): 501-540. doi.org/10.1017/S1365100516000298
[12] Alesina, Alberto, Carlo Favero, and Francesco Giavazzi. 2019. “Effects of Austerity: Expenditure- and Tax-Based Approaches.” Journal of Economic Perspectives, 33 (2): 141-62. doi.org/10.1257/jep.33.2.141