The Macroeconomic Effects of Tax Changes

Romer, C. D., & Romer, D. H. (2010). The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks. American Economic Review.

Type

Journal article

Intellectual base

Primary research

Year

2010

DOI registrant

American Economic Association

Link

https://doi.org/10.1257/aer.100.3.763 not authoritativefound

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Domain-specific

• Fiscal Multiplier
  • The estimation problem is acute — identifying truly exogenous fiscal shocks requires either structural VAR identification or narrative-shock methods catalogued by Romer and Romer (2010)

    This sourceThe narrative identification method itself — a systematic reading of presidential and congressional records classifying all major postwar US tax actions as exogenous or endogenous; the catalogue is of tax changes, not of government spending, and the structural-VAR alternative is not this paper's.

    Supported in partVerified against the source

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