The Effects of Tax Shocks on Output: Not So Large, But Not Small Either

Roberto Perotti
Published Date
Copyright 2012
DOI 10.1257/pol.4.2.214
Book: Fiscal Policy (Trans-Atlantic Public Economics Seminar, TAPES)
Book organizers: Roger Gordon & Roberto Perotti
PUBLISHER: American Economic Journal: Economic Policy 4(2), May 2012 (American Economic Association)

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Topics

Macroeconomics
Fiscal Policy
Public Economics
Taxation
National Fiscal Issues

Published From Paper

The Effects of Tax Shocks on Output: Not So Large, But Not Small Either
- Working Paper
Author(s): Roberto Perotti
In a seminal contribution, Romer and Romer (2010) (RR henceforth) estimate GDP tax multipliers of up to -3 after 3...

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