significance of federal taxes as automatic stabilizers
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significance of federal taxes as automatic stabilizers by Alan J. Auerbach

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Published by National Bureau of Economic Research in Cambridge, MA .
Written in English

Subjects:

  • Income tax -- United States -- Econometric models.,
  • Fiscal policy -- United States -- Econometric models.,
  • Economic stabilization -- United States.,
  • Substitution (Economics)

Book details:

Edition Notes

Other titlesFederal taxes as automatic stabilizers
StatementAlan J. Auerbach, Daniel Feenberg.
GenreEconometric models.
SeriesNBER working paper series -- no. 7662, Working paper series (National Bureau of Economic Research) -- working paper no. 7662.
ContributionsFeenberg, Daniel., National Bureau of Economic Research.
The Physical Object
Pagination24, [7] p. :
Number of Pages24
ID Numbers
Open LibraryOL22399760M

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The Significance of Federal Taxes as Automatic Stabilizers Alan J. Auerbach, Daniel Feenberg. NBER Working Paper No. Issued in April NBER Program(s):Economic Fluctuations and Growth, Public Economics Using the TAXSIM model for the period , we consider the federal tax system's impact as an automatic by: The Significance of Federal Taxes as Automatic Stabilizers 41 stabilizer, the income elasticity of taxes has a severe shortcoming: It is invariant with respect to whether the share of income taken as taxes is high or low. If taxes take a large share of the economy, they will be more able to act as an automatic stabilizer. Get this from a library! The significance of federal taxes as automatic stabilizers. [Alan J Auerbach; Daniel Feenberg; National Bureau of Economic Research.] -- Abstract: Using the TAXSIM model for the period , we consider the federal tax system's impact as an automatic stabilizer. Despite the many changes in the tax system, there has been relatively. Request PDF | The Significance of Federal Taxes as Automatic Stabilizers | Using the TAXSIM model for the period , we consider the federal tax system's impact as an automatic stabilizer.

Using the TAXSIM model for the period , we consider the federal tax system's impact as an automatic stabilizer. Despite the many changes in the tax system, there has been relatively little change in its role as an automatic stabilizer. We estimate that individual federal taxes offset perhaps as much as 8 percent of initial shocks to GDP. The Significance of Federal Taxes as Automatic Stabilizers. Alan Auerbach and Daniel Feenberg (). Journal of Economic Perspectives, , vol. 14, issue 3, Abstract: Using the TAXSIM model for the period , we consider the federal tax system's impact as an automatic stabilizer. Despite the many changes in the tax system, there has been relatively little change in its role as an. The Significance of Federal Taxes as Automatic Stabilizers by Alan J. Auerbach and Daniel R. Feenberg. Published in vol issue 3, pages of Journal of Economic Perspectives, Summer , Abstract: Using the TAXSIM model for the period , we consider the federal tax . Downloadable! Using the TAXSIM model for the period , we consider the federal tax system's impact as an automatic stabilizer. Despite the many changes in the tax system, there has been relatively little change in its role as an automatic stabilizer. We estimate that individual federal taxes offset perhaps as much as 8 percent of initial shocks to GDP.

Alan J. Auerbach & Daniel R. Feenberg, "The Significance of Federal Taxes as Automatic Stabilizers," Journal of Economic Perspectives, American . The Significance of Federal Taxes as Automatic Stabilizers.   Likewise, Auerbach and Feenberg find that the federal tax system’s impact as an automatic stabilizer has changed relatively little. Sheiner .   In this paper, a simple methodology to assess the effectiveness of automatic stabilizers is proposed and empirically tested using French data for the period The paper concludes that fiscal stabilizers have dampened output variability by approximately 35 45 percent depending on the measure of potential output used. In addition, the results indicate that fiscal stabilizers mainly.