| Title |
Dynamic scoring : with an emphasis on government consumption
|
| Author |
Callegari, Jason
|
| Department |
Department of Economics and Business
|
| Institution |
Colorado College
|
| Degree Type |
bachelor
|
| Degree Name |
Bachelor of Arts
|
| Type of Resource |
text
|
| Digital Origin |
reformatted digital
|
| Date Accepted |
2007
|
| Date Digitized |
2009
|
| Abstract |
To what extent has static scoring biased legislators against tax cuts? This paper builds upon recent work in the field of dynamic scoring, trying to answer this question. Following the foundation built by Mankiw and Weinzierl (2005) and augmented by Stinespring (2006) these models will be enhanced by including government consumption in the consumers utility function. After adding government consumption to the aforementioned models I will compare the static and dynamic effects. This comparison will occur through the use of the feedback effects and the government revenue maximizing peaks of the Laffer curve. The findings indicate that legislators have been biased against capital tax cuts, as 45% of tax revenue lost is recouped through increased growth, but labor tax cuts prove to be less responsive showing further loss of revenue in the long run.
|
| Keywords |
Dynamic scoring
Government consumption
Tax cuts
|
| Rights Statement |
Copyright restrictions apply. Contact the author for permission to publish.
|
| Extent |
52 p. : ill. ; 29 cm.
|
| Note (thesis) |
Senior Thesis - Colorado College
|
| Note (bibliography) |
Bibliography : p. 50-52
|
| Publisher |
Colorado College
|
| Place of Publication |
Colorado Springs, Colorado
|
| Language |
eng
|
| OCLC Identifier |
159958126
|
| Handle |
http://hdl.handle.net/10176/coccc:2951
|
Callegari_Thesis_A1b.pdf