Romer Romer Narrative Replication

step_count: 4· runtime: —

Replicates Romer & Romer (2010 AER) using their publicly available narrative tax change dataset. Estimates the macroeconomic effects of legislated tax changes on US output using distributed lag OLS with narrative identification. Tests heterogeneous multipliers by fiscal motivation (deficit reduction vs. long-run growth). Data: NBER WP 13264 dataset, FRED RGDP.

// pipeline

4 steps

action acquire_data

action run_baseline_ols

action test_heterogeneity

action record_findings

// from pax

T topic Taxation Fiscal Policy

Taxation and Fiscal Policy

// engines

engine.ols_regression

// note

step bodies extracted from the .pax archive at build time. download the parent pax for the full yaml.

[ download taxation-fiscal-policy.pax.tar.gz ]

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