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 …

loss of deductibility of property taxes -- on owner-occupied housing in the aggregate. However, this housing will generally …

incentives and marginal tax rates would tend to lower before-tax interest rates, and lower taxes on existing corporate capital …

maximizing the property's depreciation tax shelter net of all capital gain taxes and transaction costs.This paper develops a …

aggregate saving, real pretax interest rates rise by nearly two percentage points. Corporate profit taxes decline by 60 percent …

Higher corporate taxes reduce corporate business operations, replacing them with operations by noncorporate businesses … higher corporate taxes can increase income inequality even when the corporate tax burden falls entirely on capital owned …

percentage point of GDP increase in taxes leads to a decline in GDP by about 1.5 percentage points after 3 years. I also create … between different types of taxes (personal, corporate, indirect, and social security) and their subcomponents …

countries with whom Japan has agreements are entitled to claim foreign tax credits for income taxes that they would have paid to …