1
اقتصاد::
مبلغ یکجا، پرداخت یکجا
The fiscal authority is assumed to have access to lump sum taxes and transfers, with τ t denoting the transfer, in real terms in period t.The economy starts in period 0 with no consolidated government liabilities outstanding, and the period 0 budget constraint for the fiscal authority is
Thus, the fiscal authority issues one-period debt, and then transfers the proceeds lump sum to the private sector.
Then the funds remaining, τ , are trans- ferred lump sum to the private sector.
واژگان شبکه مترجمین ایران