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1 Labor Market Effects of Tax Changes in Times of High and Low Unemployment [i] (August 27, 2020)

handle is hein.congrec/cbolmef0001 and id is 1 raw text is: Working Paper Series Congressional Budget Office Washington, D.C. Labor Market Effects of Tax Changes in Times of High and Low Unemployment U. Devrim Demirel Congressional Budget Office devrimd@cbo.gov Working Paper 2020-05 August 2020 To enhance the transparency of the work of the Congressional Budget Office and to encourage external review of that work, CBO's working paper series includes papers that provide technical descriptions of official CBO analyses as well as papers that represent independent research by CBO analysts. The information in this paper is preliminary and is being circulated to stimulate discussion and critical comment as developmental work for analysis for the Congress. The views expressed here should not be interpreted as CBO's. Papers in this series are available at http://go.usa.gov/xUzd7. I have greatly benefited from comments provided by Wendy Edelberg, formerly of CBO, and Valerie A. Ramey of the University of California, San Diego, and the National Bureau of Economic Research. I would also like to thank John Kitchen, Jeffrey Kling, and Jeffrey Werling of CBO for helpful comments, and Loretta Lettner for editing. In addition, for other valuable comments and suggestions, I would like to thank the session participants at the 2018 meetings of the National Tax Association, the Society for Computational Economics, the Southern Economic Association, and the 2019 Biennial Conference of the Georgetown Center for Economic Research. www.cbo.gov/publication/56522

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