Taxation, Saving and the Rate of Interest
Налогообложение, сбережения и процентная ставка
1976-04-01
SCID: 54.1/z5dem5xq
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classical macroeconomicsinterest ratesintertemporal consumer behaviorsaving and consumptionsaving-investment equilibrium
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Abstract (AI)
The effect of Interest rates on economic behavior, particularly on saving and consumption, has been a central concern of economists at least since the development of classical macroeconomics. Not only has the rate of interest been viewed as the mechanism for equating saving and investment in pre-Keynesian macroeconomic models, but it also has been at the center of virtually all microeconomic models of Intertemporal consumer behavior.
Key Findings
1
Interest rates are treated as a mechanism that equilibrates saving and investment in pre-Keynesian macroeconomic models.
2
The abstract identifies taxation, saving, and interest rates as interconnected issues in analyzing intertemporal economic choices.
3
The paper examines how interest rates influence economic behavior, especially household saving and consumption decisions.
4
The rate of interest is a central determinant in microeconomic models of intertemporal consumer behavior.
Research Object
Intertemporal consumer behavior, particularly saving and consumption
Research Subject
The effects of interest rates and taxation on saving, consumption, and the rate of interest
Publication Details
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1976-04-01
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