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Regional Effects of Federal Tax Shocks
This paper studies regional output asymmetries following U.S. federal tax shocks. We estimate a vector autoregressive model for each U.S. state, utilizing the exogenous tax shock series recently proposed by Romer and Romer (2010) and find considerable variations: estimated output multipliers lie bet...
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| Udgivet i: | MAGKS - Joint Discussion Paper Series in Economics (Band 17-2012) |
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| Autoren: | , |
| Format: | Arbeit |
| Sprog: | engelsk |
| Udgivet: |
Philipps-Universität Marburg
2012
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| Fag: | |
| Online adgang: | PDF-Volltext |
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MAGKS - Joint Discussion Paper Series in Economics