| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16169 |
| 来源ID | Working Paper 16169 |
| A Model-Based Evaluation of the Debate on the Size of the Tax Multiplier | |
| Ryan Chahrour; Stephanie Schmitt-Grohé; Martín Uribe | |
| 发表日期 | 2010-07-08 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | The SVAR and narrative approaches to estimating tax multipliers deliver significantly different results. The former yields multipliers of about 1 percent, whereas the latter produces much larger multipliers of about 3 percent. The SVAR and narrative approaches differ along two important dimensions: the identification scheme and the reduced-form transmission mechanism. This paper uses a DSGE-model approach to evaluate the hypothesis that the different tax multipliers stemming from the SVAR and narrative approaches are due to differences in the assumed reduced-form transmission mechanisms. The main finding of the paper is that in the context of the DSGE model employed this hypothesis is rejected. Instead, the observed differences in estimated multipliers are due either to both models failing to identify the same tax shock, or to small-sample uncertainty. |
| 主题 | Macroeconomics ; Business Cycles ; Fiscal Policy ; Public Economics ; Taxation |
| URL | https://www.nber.org/papers/w16169 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573842 |
| 推荐引用方式 GB/T 7714 | Ryan Chahrour,Stephanie Schmitt-Grohé,Martín Uribe. A Model-Based Evaluation of the Debate on the Size of the Tax Multiplier. 2010. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16169.pdf（139KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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