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The Lack Of An Empirical Rationale For A Revival Of Discretionary Fiscal Policy

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  • John B. Taylor

Abstract

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Suggested Citation

  • John B. Taylor, 2009. "The Lack Of An Empirical Rationale For A Revival Of Discretionary Fiscal Policy," CESifo Forum, Ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 10(2), pages 9-13, July.
  • Handle: RePEc:ces:ifofor:v:10:y:2009:i:2:p:9-13
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    File URL: http://www.cesifo-group.de/DocDL/forum2-09-focus2.pdf
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    References listed on IDEAS

    as
    1. John B. Taylor, 2000. "Reassessing Discretionary Fiscal Policy," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 21-36, Summer.
    2. Nicholas S. Souleles & Jonathan A. Parker & David S. Johnson, 2006. "Household Expenditure and the Income Tax Rebates of 2001," American Economic Review, American Economic Association, vol. 96(5), pages 1589-1610, December.
    3. Blinder, Alan S, 1981. "Temporary Income Taxes and Consumer Spending," Journal of Political Economy, University of Chicago Press, vol. 89(1), pages 26-53, February.
    4. Eichenbaum, Martin, 1997. "Some Thoughts on Practical Stabilization Policy," American Economic Review, American Economic Association, vol. 87(2), pages 236-239, May.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Finanzpolitik; Diskretionäre Politik; Kritik; Steuerbegünstigung; USA;

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General

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