Replication data for: The Effects of Tax Changes at the Zero Lower Bound: Evidence from Japan
Principal Investigator(s): View help for Principal Investigator(s) Akihisa Kato; Wataru Miyamoto; Thuy Lan Nguyen; Dmitriy Sergeyev
Version: View help for Version V1
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| Data-and-Programs | 10/13/2019 01:03:AM | ||
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text/plain | 14.6 KB | 10/12/2019 09:03:PM |
Project Citation:
Kato, Akihisa, Miyamoto, Wataru, Nguyen, Thuy Lan, and Sergeyev, Dmitriy. Replication data for: The Effects of Tax Changes at the Zero Lower Bound: Evidence from Japan. Nashville, TN: American Economic Association [publisher], 2018. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114461V1
Project Description
Summary:
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We use the narrative approach to identify tax changes unrelated to current economic conditions and estimate the effects of these changes on macroeconomic variables during and outside of the zero lower bound period in Japan. We find little difference in the output responses across the two periods. However, the responses of aggregate consumption, investment, and imports are significantly different in the two periods within the first few quarters.
Scope of Project
JEL Classification:
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E21 Macroeconomics: Consumption; Saving; Wealth
E22 Investment; Capital; Intangible Capital; Capacity
E23 Macroeconomics: Production
E43 Interest Rates: Determination, Term Structure, and Effects
F14 Empirical Studies of Trade
H20 Taxation, Subsidies, and Revenue: General
E21 Macroeconomics: Consumption; Saving; Wealth
E22 Investment; Capital; Intangible Capital; Capacity
E23 Macroeconomics: Production
E43 Interest Rates: Determination, Term Structure, and Effects
F14 Empirical Studies of Trade
H20 Taxation, Subsidies, and Revenue: General
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