Suppose that the compensated elasticity of labor supply with respect to the wage is zero. On efficiency

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Suppose that the compensated elasticity of labor supply with respect to the wage is zero. On efficiency grounds, what are the consequences for the optimal choice between debt and tax finance for a temporary increase in government spending?

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Public Finance

ISBN: 9780073511351

9th Edition

Authors: Harvey Rosen, Robert Guell, Ted Gayer

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