Taxes Changes (Homer & Homer)

The macroeconomic effects of tax changes: estimates based on a new measure of fiscal shocks by Christina D. Romer and David H. Romer published by The American Economic Review (6/2010). “This paper investigates the impact of tax changes on economic activity. We use the narrative record, such as presidential speeches and Congressional reports, to identify the size, timing, and principal motivation for all major post-war tax policy actions…”

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