Does State Fiscal Relief During Recessions Increase Employment? Evidence from the American Recovery and Reinvestment Act

By Gabriel Chodorow-reich, Laura Feiveson, Zachary D. Liscow, William A Woolston. 2012

341 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/cd11af87cc24cae174610bde90d32c37eb786443

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Economics and Econometrics

Citations in the corpus

Identification in Macroeconomics (2017, methodology): “Examples include windfall returns on state pension plans (Shoag, 2015), differential state sensitivity to military buildups (Nakamura and Steinsson, 2014), crackdowns on Mafia infiltrated municipalities in Italy (Acconcia et al., 2014), formulas used to allocate spending across states from the Ameri”
The Effects of Fiscal Consolidations: Theory and Evidence (2017, methodology): “The behavior of the spending multiplier is consistent with Christiano et al. (2011), Woodford (2011) and Galı̀ et al. (2007), but we also evaluate tax multipliers in relation to their persistence.”
Tax Cuts for Whom? Heterogeneous Effects of Income Tax Changes on Growth and Employment (2019, neutral): “These cost-per-job estimates are consistent with those reported in Ramey (2011): $25,000 in Wilson (2012), roughly $28,600 in Chodorow-Reich et al. (2012), $30,000 in Suárez Serrato and Wingender (2011), and $35,000 in Shoag (2010).(32) My estimates for the impact of tax cuts for the top 10 percent ”
Natural Experiments in Macroeconomics (2015, neutral): “The papers by Serrato and Wingender (2014) and Chodorow-Reich et al. (2012) are exceptions in this regard by not including regional fixed effects.”
Fiscal Policy in an Unemployment Crisis (2016, background): “Following Hall (2005), the elasticity of job finding with respect to labor market tightness, η, is set to 0.765.27 The efficiency of the matching function, ϕ, is such that the 26See Braun et al. (2012), Christiano and Eichenbaum (2012), Mertens and Ravn (forthcoming) and Cochrane (2013).”
Mafia and Public Spending: Evidence on the Fiscal Multiplier from a Quasi-experiment (2014, neutral): “2An output multiplier of about 2 is also implied by the estimates of Chodorow-Reich et al. (2012), looking at the employment effects of state fiscal relief.”
Government Spending Multipliers in Developing Countries : Evidence from Lending by Official Creditors (2012, neutral): “…Covall, and Malloy ( 2010 ) and Fishback and Kachanovskaya ( 2010 ) have exploited political determinants of federal transfers to states, while Chodorow-Reich et al. ( 2012 ) ; Serrato and Wingender ( 2011 ) ; and Wilson ( 2012 ) emphasize particular institutional features driving…”
Fiscal Multipliers in Recession and Expansion (2011, background): “ChodorowReich et al. (2012) estimate that a $100,000 increase in spending increases employment by about 3.”
To Cut or Not to Cut? On the Impact of Corporate Taxes on Employment and Income (2016, background): “Recent examples include Shoag (2015), Fishback and Kachanovskaya (2010), Chodorow-Reich et al. (2012), Clemens and Miran (2012), and Nakamura and Steinsson (2014).”