Colciago, Andrea; Lewis, Vivien; Matyska, Branka - 2024
income tax cut, we find that: (i) labor productivity increases; (ii) entry increases with delay; (iii) exit increases; (iv …We identify the effects of corporate income tax shocks on key US macroeconomic aggregates. In response to a corporate … with idiosyncratic firm productivity, and entry and exit. Our model features productivity gains due to selection and …