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Fullerton, Don - 2010

Although art museums do not pay any substantial taxes, they are greatly affected by various U.S. tax rules. The …

Persistent link: https://www.econbiz.de/10013137671

The Output Effect of Fiscal Consolidations

Alesina, Alberto F. - 2012

The present paper argues that the correct experiment to evaluate the effects of a fiscal adjustment is the simulation of fiscal plans rather than of individual fiscal shocks. The simulation of the fiscal plans adopted by 16 OECD countries over a 30-year period supports the hypothesis that the...

Persistent link: https://www.econbiz.de/10013101511

How Large are the Effects of Tax Changes?

Favero, Carlo A. - 2009

We use the time series of shifts in U.S. Federal tax liabilities constructed by Romer and Romer to estimate tax multipliers. Differently from the single-equation approach adopted by Romer and Romer, our estimation strategy (a Var that includes output, government spending and revenues, inflation...

Persistent link: https://www.econbiz.de/10013156671

What Do We Know About the Effects of Austerity?

Alesina, Alberto F. - 2018

This paper summarizes the results of a large recent literature on multi year fiscal plans for deficit reduction (austerity). The key results are that deficit reduction policies based upon spending cuts are much less costly in terms of short run output losses than tax based adjustments. On...

Persistent link: https://www.econbiz.de/10012929010

Inputs to Tax Policymaking : The Supply Side, the Deficit, and the Level Playing Field

Fullerton, Don - 2021

Although supply side theory may have been obvious to economists, it instigated a major change in the nature of tax policymaking through marginal rate cuts in both the Economic Recovery Tax Act of 1981 and the Tax Reform Act of 1986. Also, the 1981 bill was the culmination of an era in which...

Persistent link: https://www.econbiz.de/10013217611

Which Effective Tax Rate?

Fullerton, Don - 2021

effective tax rates, some studies estimate the additional taxes associated with a marginal increase in the inflation and … interest rates, while others estimate the additional taxes associated with a marginal increase in investment. Because there are …

Persistent link: https://www.econbiz.de/10013217961

Economic Efficiency in Recent Tax Reform History : Policy Reversals or Consistent Improvements?

Fullerton, Don; Mackie III, James B. - 2021

added significantly to business taxes. Was there any unifying theme to these tax changes, or do they represent frequent … the net effects on efficiency of each of these changes in capital income taxation. Under the new view that dividend taxes … generate improvements in efficiency. Under the old view that dividend taxes are important, however, these changes all increase …

Persistent link: https://www.econbiz.de/10013249171

Distortionary Taxes and the Provision of Public Goods

Ballard, Charles; Fullerton, Don - 2021

When comparing marginal costs and benefits of a public project, most economists think in terms of adding together the marginal costs of production plus marginal costs of additional distortionary taxation. This paper clarifies how the "revenue effect" offsets the "distortionary effect." For...

Persistent link: https://www.econbiz.de/10013249247

College Cost and Time to Complete a Degree : Evidence from Tuition Discontinuities

Garibaldi, Pietro - 2010

Many students enrolled in academic programs around the world take longer to obtain a degree than the normal completion time while college tuition is typically constant during the years of enrollment. In particular, it does not increase when a student remains in a program beyond the normal...

Persistent link: https://www.econbiz.de/10012760426

Garbage and Recycling in Communities with Curbside Recycling and Unit-Based Pricing

Kinnaman, Thomas C.; Fullerton, Don - 2021

This paper estimates the impact of a user fee and a curbside recycling program on garbage and recycling amounts, allowing for the possibility of endogenous policy choices. Previous estimates of the effects of these policies could be biased if unobserved variables such as local preference for the...

Persistent link: https://www.econbiz.de/10013223573