摘要
本文遵循Sala的五变量VAR方法发现,在绝大部分时间里,实际利率对一个标准差的实际税收正向冲击的反应为正,这就为价格水平决定的财政理论提供了来自中国的经验证据的支持。除此之外,与很多学者一样,本文还发现了实际税收冲击的非凯恩斯效应。
Following Sala＇s VAR approach of five variables, this paper finds that in most cases, real interest rate responds positively to a positive shock of real revenue from tax, which provides empirical evidence from China to FTPL. Besides, like many researches, this paper also finds non-keynesian effects of shock from real tax.
出处
《当代经济管理》
2007年第4期96-97,共2页
Contemporary Economic Management
基金
浙江省规划课题(N04LJ07)成果
关键词
价格水平决定的财政理论
识别条件
非凯恩斯效应
the fiscal theory of price level
identifying conditions
non-keynesian effects
