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The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks

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NBER2007-07-01 更新2025-01-04 收录
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This paper investigates the impact of changes in the level of taxation on economic activity. We use 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.

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2007-07-01
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