The Effects of Tax Changes on Economic Activity: A Narrative Approach to Frequent Anticipations

2018 ◽  
Author(s):  
Sandra García-Uribe
Keyword(s):  
Economic Activity ◽  
Narrative Approach ◽  
Tax Changes

The Effects of Tax Changes at the Zero Lower Bound: Evidence from Japan

2018 ◽  
Vol 108 ◽  
pp. 513-518 ◽  
Author(s):  
Akihisa Kato ◽  
Wataru Miyamoto ◽  
Thuy Lan Nguyen ◽  
Dmitriy Sergeyev
Keyword(s):  
Lower Bound ◽  
Economic Conditions ◽  
Narrative Approach ◽  
Zero Lower Bound ◽  
Macroeconomic Variables ◽  
Aggregate Consumption ◽  
Tax Changes

We use the narrative approach to identify tax changes unrelated to current economic conditions and estimate the effects of these changes on macroeconomic variables during and outside of the zero lower bound period in Japan. We find little difference in the output responses across the two periods. However, the responses of aggregate consumption, investment, and imports are significantly different in the two periods within the first few quarters.

Non-Linear Distortion-Based Effects of Tax Changes on Output: A Worldwide Narrative Approach 

2017 ◽  
Author(s):  
Samara Gunter ◽  
Daniel Riera-Crichton ◽  
Carlos A. Végh ◽  
Guillermo Vuletin
Keyword(s):  
Narrative Approach ◽  
Non Linear ◽  
Tax Changes

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

2010 ◽  
Vol 100 (3) ◽  
pp. 763-801 ◽  
Author(s):  
Christina D Romer ◽  
David H Romer
Keyword(s):  
Economic Activity ◽  
Tax Policy ◽  
Economic Conditions ◽  
Macroeconomic Effects ◽  
Presidential Speeches ◽  
Tax Changes ◽  
The Impact ◽  
Fiscal Shocks

This paper investigates the impact of tax changes on economic activity. We use the narrative record, such as presidential speeches and Congressional reports, to identify the size, timing, and principal motivation for all major postwar tax policy actions. This analysis allows us to separate legislated changes into those taken for reasons related to prospective economic conditions and those taken for more exogenous reasons. The behavior of output following these more exogenous changes indicates that tax increases are highly contractionary. The effects are strongly significant, highly robust, and much larger than those obtained using broader measures of tax changes. (JEL E32, E62, H20, N12)

Not Just the Great Contraction: Friedman and Schwartz's A Monetary History of the United States 1867 to 1960

2013 ◽  
Vol 103 (3) ◽  
pp. 61-65 ◽  
Author(s):  
Michael D Bordo ◽  
Hugh Rockoff
Keyword(s):  
United States ◽  
Twentieth Century ◽  
Monetary Policy ◽  
Economic Activity ◽  
The United States ◽  
Narrative Approach ◽  
Milton Friedman ◽  
Princeton University ◽  
History Of

Milton Friedman and Anna J. Schwartz published A Monetary History of the United States: 1867 to 1960 with Princeton University Press in 1963, to critical acclaim. Since then the book's reputation has grown and it clearly has become one of the most influential volumes in economics in the twentieth century. In this paper we document the extraordinary impact of A Monetary History and argue that the key to this success was the use of the "narrative approach" to the problem of identifying the effects of monetary policy on economic activity.

McCain Plan Relies on Tax Changes, Cost Control

2008 ◽  
Vol 41 (10) ◽  
pp. 44
Author(s):  
MARY ELLEN SCHNEIDER
Keyword(s):  
Cost Control ◽  
Tax Changes

Economic Activity

1967 ◽  
Author(s):  
G. C. Harcourt ◽  
P. H. Karmel ◽  
R. H. Wallace
Keyword(s):  
Economic Activity

Not at Imminent Risk

Crisis ◽  
2015 ◽  
Vol 36 (6) ◽  
pp. 459-463
Author(s):  
Kate Monaghan ◽  
Martin Harris
Keyword(s):  
Early Intervention ◽  
Suicidal Ideation ◽  
Intervention Strategies ◽  
Group Method ◽  
Narrative Approach ◽  
Complex Issue ◽  
Research And Practice ◽  
Client Group ◽  
Types Of Information ◽  
Imminent Risk

Abstract. Background: Suicide is a pervasive and complex issue that can challenge counselors through the course of their careers. Research and practice focus heavily on crisis management and imminent risk rather than early intervention strategies. Early intervention strategies can assist counselors working with clients who have suicidal ideation, but are not at imminent risk, or with clients whose risk factors identify them as having a stronger trajectory for suicidal ideation. Aims: This systematic literature review examines the current literature on working with clients with suicidal ideation who are not at imminent risk, to ascertain the types of information and strategies available to counselors working with this client group. Method: An initial 622 articles were identified for analysis and from these 24 were included in the final review, which was synthesized using a narrative approach. Results: Results indicate that research into early intervention strategies is extremely limited. Conclusion: It was possible to describe emergent themes and practice guidelines to assist counselors working with clients with suicidal ideation but not at imminent risk.

McCain Plan Relies on Tax Changes, Cost Control

2008 ◽  
Vol 36 (6) ◽  
pp. 58
Author(s):  
MARY ELLEN SCHNEIDER
Keyword(s):  
Cost Control ◽  
Tax Changes
Sign in / Sign up

Export Citation Format

Share Document