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.
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.
- 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)
Verification¶
This reference passed the adversarial substantiation pipeline: it was checked to exist and to support the claim it is attached to. See how references were verified.
Registry ID ref:ac2e90cf9966 · see in the full table