Fiscal Competition and Federal Shocks

主讲人 Liyang Hong 主讲人简介 <p>Liyang Hong graduate from the Economics Department at Boston College. His research fields are in Macroeconomics and Public Finance, with a particular interest in intergovernmental fiscal relations and the economic influences.&nbsp;He will join Xiamen University as an assistant professor in Fall 2021.</p>
主持人 Jianpo Xue 简介 <p>This paper studies the effects of federal tax shocks on the economy. Being different from the existence literature, it takes into account the responses of the state-level fiscal policies and the state-state policy interactions in the transmission of the shocks. The results show that including fiscal competition significantly changes the responses of economic variables to a federal shock. This suggests that when the central planner makes decisions, he has to consider the local governments&rsquo; reactions, because it may affect the effectiveness of the policy.</p>
时间 2021-06-08(Tuesday)10:10-11:30 地点 D235, Economics Building
主办单位 厦门大学经济学院、王亚南经济研究院 承办单位 厦门大学经济学院、王亚南经济研究院
类型 系列讲座 专题网站
联系人信息 讲座语言 English
期数 经济学科学术新秀系列讲座第6讲
系列讲座

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