A key issue in current research and policy is the size of fiscal multipliers when the economy is in recession. We provide three insights. First, using regime-switching models, we find large differences in the size of spending multipliers in recessions and expansions with fiscal policy being considerably more effective in recessions than in expansions. Second,…
American Economic Journal: Economic Policy Template
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About the American Economic Journal: Economic Policy format
American Economic Journal: Economic Policy is a peer-reviewed journal published by American Economic Association, covering Fiscal Policy and Economic Growth, Gender, Labor, and Family Dynamics, Financial Literacy, Pension, Retirement Analysis. Over its lifetime it has published 906 papers, which have received 65,405 citations.
| Publisher | American Economic Association |
|---|---|
| Reference style | Author–year (Chicago/AEA) Author–year — (Smith, 2023) in the text Smith, Ada, Ben Jones, and Cara Lee. 2023. "A Representative Article Title." American Economic Journal: Economic Policy 12 (3): 45–58.
Formats any DOI in American Economic Journal: Economic Policy style. No sign-up. |
| Publishes research in | Fiscal Policy and Economic Growth Gender, Labor, and Family Dynamics Financial Literacy, Pension, Retirement Analysis Healthcare Policy and Management Housing Market and Economics |
| ISSN | 1945-7731 |
| Citation impact (2-yr) | 6.08 |
| h-index | 137 |
| i10-index | 627 |
| Top institutions publishing here | National Bureau of Economic Research |
| Journal website | aeaweb.org |
| You get | A submission-ready PDF and the editable LaTeX source — ready to submit. |
Papers published in American Economic Journal: Economic Policy per year
Citation impact of American Economic Journal: Economic Policy by publication year
Citations each year’s papers have accumulated so far — the most recent years are still building up.
Most-cited papers in American Economic Journal: Economic Policy
This paper uses tax return data to analyze bunching at the kink points of the US income tax schedule. We estimate the compensated elasticity of reported income with respect to (one minus) the marginal tax rate using bunching evidence. We find clear evidence of bunching around the first kink point of the Earned Income Tax…
Understanding the potential impacts of climate change on economic outcomes requires knowing how agents might adapt to a changing climate. We exploit large variation in recent temperature and precipitation trends to identify adaptation to climate change in US agriculture, and use this information to generate new estimates of the potential impact of future climate change…
This paper derives optimal top tax rate formulas in a model where top earners respond to taxes through three channels: labor supply, tax avoidance, and compensation bargaining. The optimal top tax rate increases when there are zero-sum compensation-bargaining effects. We present empirical evidence consistent with bargaining effects. Top tax rate cuts are associated with top…
In a dynamic model with sunk export costs, a firm's export investment is lower under trade policy uncertainty, and credible preferential trade agreements (PTAs) increase trade even if current tariffs are low. Exploring Portugal's accession to the European Community as a policy uncertainty shock we find that the trade reform accounted for a large fraction…