An Econometric Analysis of Taxation as a Fiscal Price Stabilizer 1975 – 1985

Authors

Roberto B. Raymundo

Abstract

In the realm of Public Finance, taxation being the major source of revenues for government expenditure may also serve a secondary purpose -- that of a ftscal stabilizer. Fiscal stabilization would refer to the ability of ftscal policy to control the growth or limit fluctuations in the movement of aggregate demand. Progressive taxation in particular serves as a built-in stabilizer because of the expected regulatory effects it creates on aggregate demand.

Recommended Citation

Raymundo, Roberto B. (1989) "An Econometric Analysis of Taxation as a Fiscal Price Stabilizer 1975 – 1985," DLSU Business & Economics Review: Vol. 2: No. 2, Article 6.
DOI: https://doi.org/10.59588/2243-786X.1480
Available at: https://animorepository.dlsu.edu.ph/ber/vol2/iss2/6