The fiscal response to revenue shocks
نویسندگان
چکیده
Abstract We study the impact of fiscal revenue shocks on local policy. focus very volatile revenues from immovable property gains tax in canton Zurich, Switzerland, and analyze behavior following large rare positive negative transitory shocks. apply causal machine learning strategies implement post-double-selection LASSO method to identify effect public finances. find that policymakers predominantly smooth
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ژورنال
عنوان ژورنال: International Tax and Public Finance
سال: 2022
ISSN: ['0927-5940', '1573-6970']
DOI: https://doi.org/10.1007/s10797-022-09727-z