NBER Working Papers by Alan J. Auerbach

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Working Papers

February 2014Fiscal Multipliers in Japan
with Yuriy Gorodnichenko: w19911
October 2013Consumption and Cash-Flow Taxes in an International Setting
with Michael P. Devereux: w19579
June 2013Propagation and Smoothing of Shocks in Alternative Social Security Systems
with Lorenz Kueng, Ronald Lee: w19137
November 2012Output Spillovers from Fiscal Policy
with Yuriy Gorodnichenko: w18578
September 2011Fiscal Multipliers in Recession and Expansion
with Yuriy Gorodnichenko: w17447
August 2010Measuring the Output Responses to Fiscal Policy
with Yuriy Gorodnichenko: w16311
October 2009Activist Fiscal Policy to Stabilize Economic Activity
with William G. Gale: w15407
February 2009Implementing the New Fiscal Policy Activism
January 2009Welfare and Generational Equity in Sustainable Unfunded Pension Systems
with Ronald Lee: w14682
November 2008Taxing Corporate Income
with Michael P. Devereux, Helen Simpson: w14494
October 2008Understanding U.S. Corporate Tax Losses
with Rosanne Altshuler, Michael Cooper, Matthew Knittel: w14405
August 2008Federal Budget Rules: The US Experience
December 2006Notional Defined Contribution Pension Systems in a Stochastic Context: Design and Stability
with Ronald Lee: w12805
August 2006Why Have Corporate Tax Revenues Declined? Another Look
June 2006The Choice Between Income and Consumption Taxes: A Primer
January 2006Dividend Taxes and Firm Valuation: New Evidence
with Kevin A. Hassett: w11959
October 2005Who Bears the Corporate Tax? A review of What We Know
July 2005The 2003 Dividend Tax Cuts and the Value of the Firm: An Event Study
with Kevin A. Hassett: w11449
August 2004The Fiscal Burden of Korean Reunification: A Generational Accounting Approach
with Young Jun Chun, Ilho Yoo: w10693
Budget Windows, Sunsets, and Fiscal Control
February 2004How Much Equity Does the Government Hold?
Monetary and Fiscal Remedies for Deflation
with Maurice Obstfeld: w10290
October 2003Fiscal Policy, Past and Present
September 2003Generational Accounting in Korea
with Young Jun Chun: w9983
July 2003The Case for Open-Market Purchases in a Liquidity Trap
with Maurice Obstfeld: w9814
November 2002Is There a Role for Discretionary Fiscal Policy?
August 2002Optimal Long-Run Fiscal Policy: Constraints, Preferences and the Resolution of Uncertainty
with Kevin A. Hassett: w9132
June 2002The Bush Tax Cut and National Saving
April 2001Taxation and Corporate Financial Policy
March 2001Taxation and Economic Efficiency
with James R. Hines Jr.: w8181
February 2001Generalized Cash Flow Taxation
with David F. Bradford: w8122
Perfect Taxation with Imperfect Competition
with James R. Hines Jr.: w8138
August 2000On the Marginal Source of Investment Funds
with Kevin A. Hassett: w7821
Perspectives on the Budget Surplus
with William G. Gale: w7837
April 2000The Significance of Federal Taxes as Automatic Stabilizers
with Daniel Feenberg: w7662
February 2000Capital Gains Realizations of the Rich and Sophisticated
with Jonathan M. Siegel: w7532
March 1999A New Measure of Horizontal Equity
with Kevin A. Hassett: w7035
Uncertainty and the Design of Long-Run Fiscal Policy
with Kevin A. Hassett: w7036
Generational Accounting and Immigration in the United States
with Philip Oreopoulos: w7041
February 1998Capital Gains Taxation and Tax Avoidance: New Evidence from Panel Data
with Leonard E. Burman, Jonathan Siegel: w6399
October 1997Simulating U.S. Tax Reform
with David Altig, Laurence J. Kotlikoff, Kent A. Smetters, Jan Walliser: w6248
August 1997Quantifying the Current U.S. Fiscal Imbalance
July 1995Taxation and Corporate Investment: The Impact of the 1991 Swedish Tax Reform
with Kevin Hassett, Jan Sodersten: w5189
April 1995The Annuitization of Americans' Resources: A Cohort Analysis
with Jagadeesh Gokhale, Laurence J. Kotlikoff, John Sabelhaus, David N. Weil: w5089
February 1995Tax Projections and the Budget: Lessons from the 1980s
April 1994The U.S. Fiscal Problem: Where We Are, How We Got Here and Where We're Going
July 1993Reassessing the Social Returns to Equipment Investment
with Kevin A. Hassett, Stephen D. Oliner: w4405
October 1992The Increasing Annuitization of the Elderly- Estimates and Implications for Intergenerational Tranfers, Inequality, and National Saving
with Laurence J. Kotlikoff, David N. Weil: w4182
January 1992On the Design and Reform of Capital Gains Taxation
November 1991Taxation and Foreign Direct Investment in the United States: A Reconsideration of the Evidence
with Kevin Hassett: w3895
Social Security and Medicare Policy From the Perspective of Generational Accounting
with Jagadeesh Gokhale, Laurence J. Kotlikoff: w3915
July 1991Life Insurance Inadequacy - Evidence From a Sample of Older Widows
with Laurence Kotlikoff: w3765
February 1991Tax Policy and Business Fixed Investment in the United States
with Kevin Hassett: w3619
Recent U.S. Investment Behavior and the Tax Reform Act of 1986: A Disaggregate View
with Kevin Hassett: w3626
January 1991Generational Accounts - A Meaningful Alternative to Deficit Accounting
with Jagadeesh Gokhale, Laurence J. Kotlikoff: w3589
November 1990Public Sector Dynamics
July 1990U.S. Demographics and Saving: Predictions of Three Saving Models
with Jinyong Cai, Laurence J. Kotlikoff: w3404
Tax Aspects of Policy Towards Aging Populations: Canada and the United States
with Laurence J. Kotlikoff: w3405
May 1990The Cost of Capital in Japan: Recent Evidence and Further Results
with Albert Ando: w3371
October 1989Demographics, Fiscal Policy, and U.S. Saving in the 1980s and Beyond
with Laurence J. Kotlikoff: w3150
August 1989How Rational Is the Purchase of Life Insurance?
with Laurence J. Kotlikoff: w3063
June 1989Corporate Savings and Shareholder Consumption
with Kevin Hassett: w2994
February 1989The Dynamics of an Aging Population: The Case of Four OECD Countries
with Laurence J. Kotlikoff, Robert Hagemann, Giuseppe Nicoletti: w2797
December 1988Retrospective Capital Gains Taxation
February 1988The Deadweight Loss from `Non-Neutral' Capital Income Taxation
1988Investment Tax Incentives and Frequent Tax Reforms
with James R. Hines Jr.: w2492
June 1987The Significance of Tax Law Asymmetries: An Empirical Investigation
with Rosanne Altshuler: w2279
The Cost of Capital in the U.S. and Japan: A Comparison
with Albert Ando: w2286
March 1987The Effects of Taxation on the Merger Decision
with David Reishus: w2192
1987Why Have Corporate Tax Revenues Declined?
with James M. Poterba: w2118
December 1986Tax Reform and Adjustment Costs: The Impact on Investment and Market Value
April 1986Anticipated Tax Changes and the Timing of Investment
with James R. Hines Jr.: w1886
March 1986Taxes and the Merger Decision: An Empirical Analysis
with David Reishus: w1855
Tax Loss Carryforwards and Corporate Tax Incentives
with James M. Poterba: w1863
1986Tax Reform, Investment, and the Value of the Firm
with James R. Hines Jr.: w1803
October 1985Life Insurance of the Elderly: Adequacy and Determinants
with Laurence J. Kotlikoff: w1737
The Corporate Cost of Capital in Japan and the U.S.: A Comparison
with Albert Ando: w1762
June 1985The Efficiency Gains from Social Security Benefit - Tax Linkage
with Laurence J. Kotlikoff: w1645
December 1984The Economic Effects of the Corporate Income Tax: Changing Revenues and Changing Views
March 1984Simulating Alternative Social Security Responses to the Demographic Transition
with Laurence J. Kotlikoff: w1308
1984Taxation, Portfolio Choice, and Debt-Equity Ratios: A General Equilibrium Model
with Mervyn A. King: w0546
June 1983Real Determinants of Corporate Leverage
The Dynamic Effects of Tax Law Asymmetries
December 1982Transferability of Tax Incentives and the Fiction of Safe Harbor Leasing
with Alvin C. Warren, Jr.: r0341
November 1982Issues in the Measurement and Determinants of Business Saving
The Theory of Excess Burden and Optimal Taxation
Taxation, Corporate Financial Policy and the Cost of Capital
Investment versus Savings Incentives: The Size of the Bang for the Buck and the Potential for Self-Financing Business Tax Cuts
with Laurence J. Kotlikoff: w1027
August 1982Taxes, Firm Financial Policy and the Cost of Capital: An Empirical Analysis
1982The New Economics of Accelerated Depreciation
December 1981Stockholder Tax Rates and Firm Attributes
The Efficiency Gains from Dynamic Tax Reform
with Laurence J. Kotlikoff, Jonathan Skinner: w0819
November 1981Evaluating the Taxation of Risky Assets
September 1981The Index of Leading Indicators: "Measurement without Theory," Twenty-Five Years Later
August 1981National Savings, Economic Welfare, and the Structure of Taxation
with Laurence J. Kotlikoff: w0729
An Examination of Empirical Tests of Social Security and Savings
with Laurence J. Kotlikoff: w0730
September 1980Inflation and the Tax Treatment of Firm Behavior
June 1980A Note on the Efficient Design of Investment Incentives
Components of Manufacturing Inventories
with Jerry R. Green: w0491
Will the Real Excess Burden Please Stand Up? (Or, Seven Measures in Search of a Concept)
with Harvey S. Rosen: w0495
April 1980The Optimal Taxation of Heterogeneous Capital
Wealth Maximization and the Cost of Capital
February 1980Tax Neutrality and the Social Discount Rate: A Suggested Framework
1980Share Valuation and Corporate Equity Policy
November 1979The Investment Tax Credit: An Evaluation
with Lawrence H. Summers: w0404
March 1979Corporate Financial Policy, Taxes, and Uncertainty: An Integration
with Mervyn A. King: w0324
July 1978Inflation and the Choice of Asset Life
with Martin Feldstein: w0253
Inventory Fluctuations, Temporary Layoffs and the Business Cycle
with Martin Feldstein: w0259

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