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only increase after cuts to indirect taxes. However, employing normal variations of the tax changes as a yardstick, the …
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I study the spill-over effects of legislated discretionary tax changes in the United States, Germany, and the United Kingdom to 11 Eurozone countries for the period 1980Q1-2018Q4 employing Local Projections (Jordà, 2005). In general, I find spillovers from US tax legislation to have the...
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We study the announcement effect of legislated tax changes on GDP in the US, Germany, and the UK. Using, as the shock of interest, narratively identified information (Romer & Romer, 2009) about future tax changes at the quarter of their introduction to the legislative body, we analyse the...
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indirect taxes) as well as look for possible asymmetries between tax hikes and tax cuts. We find a number of differences across …
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