This paper characterizes the dynamic effects of shocks in government spending and taxes on economic activity in the … the automatic response of taxes and spending to activity, and, by implication, to infer fiscal shocks. The results … negative effect. The multipliers for both spending and tax shocks are typically small. Turning to the effects of taxes and …

desirable directions, but it also makes Pigovian taxes on negative externalities less effective …

Do perceptions about how the government spends tax dollars affect the willingness to pay taxes? We designed a field … the share of property tax revenues that fund public schools and the share of property taxes that are redistributed to … willingness to pay taxes. We find that some perceptions about government spending have a significant effect on the probability of …

observing how they revise their expectations about future inflation as well as taxes and government spending. We find that …

to predictable changes in income (and family circumstances), and insurance value, which occurs when taxes and transfers … taxes over a 10-year period. We model state taxes (personal income taxes, the EITC, and sales taxes) and state means …

state deficits and the need to increase state taxes, cut spending, and withdraw funds from state rainy day accounts. The …

expenditures, taxes, and rates of return to explain anomalies in which richer political units deliver less education than poorer …

combination of a drop in total factor productivity (TFP) during 1990-92 and of increases in taxes on labor and consumption and …