Versione di lingua italiana
Deutsch Sprachenversion
English language version
Choose language:

Economy-point.org



» Personal Loan No Credit Check, Online Economics » Financial science » Topics begins with P » Peacock Wiseman hypothesis


Page modified: Wednesday, July 13, 2011 02:15:24

The Peacock Wiseman hypothesis (also level shifting effect) is an attempt at explanation for the sequential rise of the state ratio in the last decades in many states of the earth.

Core thought

Peacock and Wiseman assume in social crisis situation (wars among other things) the resistance of the population against a tax increase is small and thus the state ratio. As soon as now the crisis situation is terminated, the population got accustomed to the high deliveries. The state ratio is only conditionally again reduced. The process of the state ratio in the Zeitverlauf would have therefore the form of stairs (pseudo trend).

Evaluation

The hypothesis covers itself only conditionally with the experience. Actually one could observe a continuous process of the state ratio and no stair-like. In crisis periods there was often only a short term deviation and after their end a return to the trend. The hypothesis is satisfying few therefore.


Articles in category "Peacock Wiseman hypothesis"

We found here 6 articles.

P

» Pmann commission
» Peacock Wiseman hypothesis
» Pigou tax
» Private financial plan
» Procedure preference costs
» Publicani

Page cached: Saturday, October 25, 2014 21:37:12
Valid XHTML 1.0!  Valid CSS!

Page copy protected against web site content infringement by Copyscape