Tax Multipliers: Pitfalls in Measurement and Identification
Daniel Riera-Crichton; Carlos A. Vegh; Guillermo Vuletin;
jel: jel:E32 | jel:E62 | jel:F3 | jel:H20
We contribute to the literature on tax multipliers by analyzing the pitfalls in identification and measurement of tax shocks. Our main focus is on disentangling the discussion regarding the identification of exogenous tax policy shocks (i.e., changes in tax policy that ... View more
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