Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062070 | Economics Letters | 2007 | 8 Pages |
Abstract
When lagged interest rates and prices are included in a VAR, responses to a tax shock decrease. This reduced-form result is consistent with tax foresight and hence casts doubt on estimates of tax effects under the no-foresight assumption.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Shu-Chun Susan Yang,