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State-level implications of federal tax policies: Comments

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  • Mertens, Karel

Abstract

This note provides comments on the contribution by Chang Liu and Noah Williams in this issue.

Suggested Citation

  • Mertens, Karel, 2019. "State-level implications of federal tax policies: Comments," Journal of Monetary Economics, Elsevier, vol. 105(C), pages 91-93.
  • Handle: RePEc:eee:moneco:v:105:y:2019:i:c:p:91-93
    DOI: 10.1016/j.jmoneco.2019.04.004
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    References listed on IDEAS

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    1. Christina D. Romer & David H. Romer, 2010. "The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal Shocks," American Economic Review, American Economic Association, vol. 100(3), pages 763-801, June.
    2. Karel Mertens & José Luis Montiel Olea, 2018. "Marginal Tax Rates and Income: New Time Series Evidence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 133(4), pages 1803-1884.
    3. James H. Stock & Mark W. Watson, 2018. "Identification and Estimation of Dynamic Causal Effects in Macroeconomics Using External Instruments," Economic Journal, Royal Economic Society, vol. 128(610), pages 917-948, May.
    4. Karel Mertens, 2018. "The Near Term Growth Impact of the Tax Cuts and Jobs Act," Working Papers 1803, Federal Reserve Bank of Dallas.
    5. Karel Mertens & Morten O. Ravn, 2013. "The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States," American Economic Review, American Economic Association, vol. 103(4), pages 1212-1247, June.
    6. Frank Schorfheide & Dongho Song, 2015. "Real-Time Forecasting With a Mixed-Frequency VAR," Journal of Business & Economic Statistics, Taylor & Francis Journals, vol. 33(3), pages 366-380, July.
    7. Sims, Christopher A, 1980. "Macroeconomics and Reality," Econometrica, Econometric Society, vol. 48(1), pages 1-48, January.
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    Cited by:

    1. Masud Alam, 2021. "Heterogeneous Responses to the U.S. Narrative Tax Changes: Evidence from the U.S. States," Papers 2107.13678, arXiv.org.

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