The paper estimates the effects of deliberate changes in U.S. federal taxes and spending on the rate of unemployment and the level of real output in the U.S. from 1960 to 2008. It asks how much good these attempts at demand management have done. Deviations from full employment and output are...

In this paper, I examine the trends of fiscal transfers between the state and workers during 1959 - 2012 to understand the net impact of redistributive policy in the United States. This paper presents original net social wage data from and analysis based on the replication and extension of...