Download This PaperThe Case for Supply-Side Economics Revisited: The Effect of Time Preference
22 Pages Posted: 13 Oct 2011 Last revised: 17 Aug 2022
Date Written: November 16, 1999
Abstract
Some of the fallacies and flaws that subsist in certain standard accounts of the general effects of taxation can be related to the fact that the primary significance of time preference has been insufficiently recognized. This article constitutes an attempt to help remedy this situation. Some valuable insights concerning the problem of the incidence of taxation equally receive proper recognition.
Keywords: Time Preference, Supply-Side Economics, Laffer-Effect, Substitution Effect, Income Effect, Incidence of Taxation, Consumption Tax
JEL Classification: H21, H22, H30, K34
Suggested Citation: Suggested Citation
Van Den Hauwe, Ludwig, The Case for Supply-Side Economics Revisited: The Effect of Time Preference (November 16, 1999). European Journal of Law and Economics, Vol. 10, No. 2, 2000, Available at SSRN: https://ssrn.com/abstract=1943152
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