The Macroeconomic Effects Of Tax Changes: Estimates Based On A New Measure Of Fiscal Shocks

Topics:
Organization
Tags:
Change,
Finance,
Financial Planning,
Free Trade,
Taxes
Source:
University of California, Berkeley

FREE Registration is required

Overview: This paper investigates the impact of changes in the level of taxation on economic activity. The paper uses 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. This narrative analysis allows us to separate revenue changes resulting from legislation from changes occurring for other reasons. It also allows us to further separate legislated changes into those taken for reasons related to prospective economic conditions, such as countercyclical actions and tax changes tied to changes in government spending, and those taken for more exogenous reasons, such as to reduce an inherited budget deficit or to promote long-run growth.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 418KB | Date: Mar 2007 | Pages: 68


advertisement
  • Click Here
  • Click Here
  • Click Here

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).