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The macroeconomic effects of legislated tax changes in Germany

Bernd Hayo and Matthias Uhl.

in Oxford Economic Papers

April 2014; p ublished online April 2013 .

Journal Article. Subjects: Fiscal Policies and Behaviour of Economic Agents; Tax Law; Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook. 8178 words.

This paper studies the short-term macroeconomic effects of legislated tax changes in Germany using a five-variable vector autoregression (VAR) framework. Identification of the tax shock...

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