ISSN 1008-2204
CN 11-3979/C
PENG Zhi- yuan. Analysis of Aggregate Demand Effects of National Debts[J]. Journal of Beijing University of Aeronautics and Astronautics Social Sciences Edition, 2003, 16(1): 47-51.
Citation: PENG Zhi- yuan. Analysis of Aggregate Demand Effects of National Debts[J]. Journal of Beijing University of Aeronautics and Astronautics Social Sciences Edition, 2003, 16(1): 47-51.

Analysis of Aggregate Demand Effects of National Debts

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  • Received Date: November 15, 2001
  • Published Date: March 24, 2003
  • The aggregate demand effects of national debts are different fromeach other because of the different motives of issuing national debts . In general , national debts for reducingtaxes from1981 to 1993 had a stronger stimulus to total demands thanthat for increasing expenses from1994 to 1999 . In China , the national debts for reducingtaxes should be takeninto considerationinthe debt policy application at present .
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