A Model-Based Evaluation of the Debate on the Size of the Tax Multiplier

Ryan Chahrour, Stephanie Schmitt-Grohé, Martín Uribe

NBER Working Paper No. 16169
Issued in July 2010

---- Acknowledgments ----

This paper grew out of Martin Uribe's discussion of Favero and Giavazzi (2010) at the NBER's TAPES conference held in Varenna, Italy in June 2010. The authors would like to thank for comments seminar participants at that conference, especially Carlo Favero, Roberto Perotti, Morten Ravn, and Marty Eichenbaum. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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