A Model-Based Evaluation of the Debate on the Size of the Tax Multiplier
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The SVAR and narrative approaches to estimating tax multipliers deliver significantly different results. The former yields multipliers of about 1 percent, whereas the latter produces much larger multipliers of about 3 percent. The SVAR and narrative approaches differ along two important dimensions:
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美国国家经济研究局创建时间：
2010-07-01
