Christofzik, Désirée I.; Fuest, Angela; Jessen, Robin - In: Economica 89 (2021) 353, pp. 62-81
This paper quantifies the dynamic macroeconomic effects of tax changes in Germany, allowing for anticipation effects of preannounced tax reforms. Identification is achieved using a narrative approach, which provides information about the timing of tax reforms. An anticipated cut in taxes has a...