WAGNER'S LAW, ARMEY-RAHN CURVE AND WEALTH'S PARADOX
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WAGNER'S LAW, ARMEY-RAHN CURVE AND WEALTH'S PARADOX
Annotation
PII
S0207-36760000525-6-1
Publication type
Article
Status
Published
Edition
Pages
80-97
Abstract
In paper was given the mathematical and substantial interpretations of Wagner's Law. Author produced the empirical evidence of violation of this law. Was shown the role of Armey-Rahn Curve as a deterrent of Wagner's Law. Was done identification of Armey-Rahn Curve for Swedish and Russian economies. Author formulates the Wealth's Paradox and gives its substantial explanation.
Keywords
Armey-Rahn Curve, wealth's paradox, economic growth, budget policy, Wagner's Law
Date of publication
30.09.2010
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0
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371
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