The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks
NBER Working Paper No. 13264
---- Acknowledgments ----
We are grateful to Susanto Basu, Olivier Blanchard, Raj Chetty, John Cochrane, Francesco Giavazzi, and Fabio Schiantarelli for helpful comments and suggestions, to Priyanka Rajagopalan for research assistance, and to the National Science Foundation for financial support. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.