The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks
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This paper investigates the impact of changes in the level of taxation on economic activity. We use the narrative record -- presidential speeches, executive-branch documents, and Congressional reports -- to identify the size, timing, and principal motivation for all major postwar tax policy actions.
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美国国家经济研究局创建时间:
2007-07-01



