• Economics
  • Published 2016

How to Make The Fiscal policies Greener in China?——Based on The Perspective of Environmental Macroeconomics

@inproceedings{Lu2016HowTM,
  title={How to Make The Fiscal policies Greener in China?——Based on The Perspective of Environmental Macroeconomics},
  author={Hongyou Lu and Wenli Xu and Kun Jacob 徐坤 Xu},
  year={2016}
}
From the perspective of environmental macroeconomics, in addition to environmental equilibrium effected by environmental policies, the fiscal policy have an impact on the environment equilibrium. On this basis, this paper constructs a RBC model with environmental equilibrium, that contains different financing mode of government environmental expenditure, within which incorporating fiscal spending shocks, labor income tax rate shock, capital income tax rate shock and environmental tax shock… CONTINUE READING