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DaveBackus / Amazon_Global_Economy

Materials for NYU's Global Economy course text: LaTeX files, Stata code for figures, etc. All in one place.
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tax revenue and growth #18

Open DaveBackus opened 8 years ago

DaveBackus commented 8 years ago

Add to Section 17.4: a good estimate of the elasticity is one half. If GDP goes up 2%, tax revenue goes up 1%.