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Macroeconomic Reconciliation? (on the book by I. Ananiashvili and V. Papava “Laffer-keynesian Synthesis and Macroeconomic Equilibrium”)

https://doi.org/10.32609/0042-8736-2015-3-151-159

Abstract

The authors of the book reviewed here suggest the model of the macroeconomic equilibrium that unifies Keynesian and Laffer’s approaches to analyzing the effects of taxation on the output and tax revenues. The authors demonstrated the limitations of the simple Laffer model and developed a more realistic extension of this model that captures the influence of taxes on economic growth and provided estimates for various countries.

About the Author

N. Makasheva
Institute of Scientific Information on Social Sciences, Russian Academy of Sciences (Moscow, Russia); National Research University Higher School of Economics (Moscow, Russia)
Russian Federation


References

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Review

For citations:


Makasheva N. Macroeconomic Reconciliation? (on the book by I. Ananiashvili and V. Papava “Laffer-keynesian Synthesis and Macroeconomic Equilibrium”). Voprosy Ekonomiki. 2015;(3):151-159. (In Russ.) https://doi.org/10.32609/0042-8736-2015-3-151-159

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ISSN 0042-8736 (Print)