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...