LAUSR

Tax news in good and bad times

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1 Published in 2021 at "Economics Letters"

DOI: 10.1016/j.econlet.2021.110031

Abstract: Abstract We investigate whether the effect of tax news depends on the state of the economy. Using U.S. quarterly data, we show that news about future tax cuts are more contractionary during recessions. This nonlinearity… read more here.

Keywords: tax news; news good; bad times; good bad ... See more keywords