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// playbooks / taxation-fiscal-policy · tax_multiplier_replication

Tax Multiplier Replication

step_count: 5· runtime: —

Replicate the core finding from Mertens & Ravn (2013 AER): personal and corporate income tax cuts have distinct, quantifiable multiplier effects on GDP. Uses their publicly posted narrative tax shock dataset combined with NIPA quarterly data. Tests whether tax cuts for capital income vs. labor income generate different growth paths. Requires OECD or BEA data ingest.

// pipeline
5 steps
01

action acquire_data
02

action validate_data
03

action run_baseline_var
04

action compute_impulse_responses
05

action record_findings
// from pax
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 ]