Alan Auerbach

Robert D. Burch Professor of Economics and Law
Director, Robert D. Burch Center for Tax Policy and Public Finance


Recent Working Papers

    "U.S. Inequality, Fiscal Progressivity, and Work Disincentives An Intragenerational Accounting"
    with Laurence J. Kotlikoff and Darryl Koehler, January 2016 [PDF]

    "Cash-Flow Taxes in an International Setting", with Michael P. Devereux, December 2015 [PDF]

    "The Fiscal Problem: Gone Today, Here Tomorrow", with William Gale, September 2015 [PDF]

    "Capital Taxation in the 21st Century", with Kevin Hassett, January 2015 [PDF]

    "Fiscal Uncertainty and How to Deal with It", November 2014 [PDF]

    "Effects of Fiscal Shocks in a Globalized World", with Yuriy Gorodnichenko, October 2014 [PDF]

    "Forgotten but Not Gone: The Long-Term Fiscal Imbalance" with William G. Gale, September 2014 [PDF]

    "Taxation and Saving - A Retrospective", December 2013 [PDF]

    "Fiscal Myopia", with William G. Gale, September 2013 [PDF]

    "Capital Income Taxation, Corporate Taxation, Wealth Transfer Taxes and Consumption Tax Reforms", August 2013 [PDF]

    "Output Spillovers from Fiscal Policy", with Yuriy Gorodnichenko, January 2013 [PDF]

    "Budget Rules and Fiscal Policy", November 2012 [PDF]

    "The Fall and Rise of Keynesian Fiscal Policy", May 2012 [PDF]

    "The Mirrlees Review: A U.S. Perspective", May 2012 [PDF]

    "The Federal Budget Outlook: No News Is Bad News", with William G. Gale, August 2012. [PDF]

    "(Still) Tempting Fate", with William G. Gale, August 2011. [PDF]

    "Fiscal Multipliers in Recession and Expansion", with Yuriy Gorodnichenko, January 2012. [PDF]

    "Long-Term Fiscal Sustainability in Major Economies", July 2011. [PDF]

    "Tempting Fate: The Federal Budget Outlook", with William G. Gale, June 2011. [PDF]

    "Fiscal Institutions for a Currency Union", May 2011. [PDF]

    "The Federal Budget Outlook, Chapter 11", with William G. Gale, September 2010. [PDF]

    "Activist Fiscal Policy", with William G. Gale and Benjamin H. Harris, August 2010. [PDF]

    "Measuring the Output Responses to Fiscal Policy", with Yuriy Gorodnichenko, June 2011. [PDF]

    "California's Future Tax System", August 2010. [PDF]

    "Deja Vu All Over Again: On the Dismal Prospects for the Federal Budget", with William G. Gale, May 2010. [PDF]

    "Activist Fiscal Policy to Stabilize Economic Activity", with William Gale, September, 2009. [PDF]

    "Public Finance in Practice and Theory", May 2009. [PDF]

    "The Economic Crisis and the Fiscal Crisis: 2009 and Beyond", with William Gale, September, 2009. [PDF]

    "Implementing the New Fiscal Policy Activism", January 2009. [PDF]

    "Wellfare and Generational Equity in Sustainable Unfunded Pension Systems", with Ronald Lee, August 2008" [PDF]

    "Understanding U.S. Corporate Tax Losses", with Rosanne Altshuler, Michael Cooper and Matthew Knittel, October 6, 2008 [PDF]

    "Facing the Music: The Fiscal Outlook at the End of the Bush Administration", with Jason Furman and William G. Gale, May 8, 2008 [PDF]

    "Taxing Corporate Income", with Michael Devereux and Helen Simpson, March 2008 [PDF]

    "Long-Term Objectives for Government Debt", February 2008 [PDF]

    "Federal Budget Rules: The U.S. Experience", Revised, August 2008 [PDF]

    "Still Crazy After All These Years: Understanding The Budget Outlook", April, 2007 [PDF]

    "Notional Defined Contribution Pension Systems in a Stochastic Context: Design and Stability", with Ronald Lee, December, 2006 [PDF]

    "Why Have Corporate Tax Revenues Declined? Another Look", December, 2006 [PDF]

    "The Future of Capital Income Taxation", September 4, 2006 [PDF]

    "Tax Reform in the 21st Century," May 6, 2006. [PDF]

    "The Choice between Income and Consumption Taxes: A Primer," May 6, 2006. [PDF]

    "The U.S. Tax System in International Perspective: A Review of the 2006 Economic Report of the President's Tax Chapter," April 12, 2006. [PDF]

    "New Estimates of the Budget Outlook: Plus Ça Change, Plus C´est la Même Chose" with William G. Gale and Peter R. Orszag, February 15, 2006. [PDF]

    "Dividend Taxes and Firm Valuation: New Evidence" with Kevin Hassett, January 2006 [PDF]

    "Taxation and Capital Spending", September 2005. [PDF]

    "Who Bears the Corporate Tax", September 2005 [PDF]

    "The Effectiveness of Fiscal Policy as Stabilization Policy", July 2005 [PDF]

    "The 2003 Dividend Tax Cuts and the Value of the Firm: An Event Study" with Kevin Hassett, June 2005 [PDF]

    "American Fiscal Policy in the Post-War Era: An Interpretive History",REVISED, March 2005" [PDF]

    "Dynamic Scoring:An Introduction to the Issues", January 2005 [PDF]

    "The U.S. Fiscal Gap and Retirement Saving", with William G. Gale and Peter R. Orszag, July 2004 [PDF]

    "The Fiscal Burden of Korean Reunification: A Generational Accounting Approach" with Young Jun Chun and Ilho Yoo, REVISED, August 2004 [PDF]

    "Monetary and Fiscal Remedies for Deflation" with Maurice Obstfeld, January 2004 [PDF]

    "Budget Windows, Sunsets and Fiscal Control", REVISED July 2004 [PDF]

    "Reassessing the Fiscal Gap: Why Tax-Deferred Saving Will Not Solve the Problem", with William G. Gale and Peter R. Orszag, July 2003[ PDF]

    "Generational Accounting in Korea", with Young Jun Chun, REVISED March 2004 [PDF]

    "How Much Equity Does the Government Hold?", REVISED, January 2004 [PDF]

    "Fiscal Policy, Past and Present", April 2003[PDF]

    "The Case for Open-Market Purchases in a Liquidity Trap", with Maurice Obstfeld, REVISED December 2004 [ PDF]

    "Budget Blues:The Fiscal Outlook and Options for Reform", with William G. Gale, Peter R. Orszag, Samara R. Potter, December 2002 Paper and Tables

    "Is There a Role for Discretionary Fiscal Policy?", September 2002 [ PDF]

    "Optimal Long-Run Fiscal Policy: Constraints, Preferences and the Resolution of Uncertainty" with Kevin Hassett , revised August 2002 [ PDF]

    "The Bush Tax Cut and National Saving", June 2002 [PDF]

    "The Budget Outlook and Options for Fiscal Policy", with William G. Gale and Peter R. Orszag, April 2002 [ PDF]

    "Taxation of Financial Services under a VAT," with R.H. Gordon, September 2001 [PDF].

    "Tax Cuts and the Budget," with William G. Gale, March 2001 [PDF].

    "Perfect Taxation with Imperfect Competition," with James R. Hines, Jr., February 2001 [PDF].

    "Generalized Cash Flow Taxation," with David F. Bradford, September 2002 [PDF].

    "Perspectives on the Budget Surplus," with William G. Gale, revised July 2000 [PDF files: Paper and Tables and Figures].

    "Taxation and Economic Efficiency," with James R. Hines Jr., revised February 2001 [PDF].

    "Taxation and Corporate Financial Policy", revised February 2001 [PDF].

    "The Significance of Federal Taxes as Automatic Stabilizers," with Daniel Feenberg, 2000 [PDF].

    "Capital Gains Realizations of the Rich and Sophisticated," with Jonathan M. Siegel, 2000 [PDF].

    "Formation of Fiscal Policy: The Experience of the Past 25 Years," 1999 [PDF].

    "U.S. Fiscal Policy in a (Brief?) Era of Surpluses," 1999 [PDF].

    "On the Performance and Use of Government Revenue Forecasts," 1999 [PDF].

    "Does the Budget Surplus Justify Large-Scale Tax Cuts?: Updates and Extensions," with William G. Gale, 1999 [PDF].

    "Simulating Fundamental Tax Reform in the U.S.," with David Altig, Laurence J. Kotlikoff, Ken A. Smetters, and Jan Walliser, 1999 [PDF files: Paper and Figures].

    "The Fiscal Impact of U.S. Immigration: A Generational Accounting Perspective," with Philip Oreopoulos, 1999 [PDF] . Programs and data are also available.

    "A New Measure of Horizontal Inequality," with Kevin A. Hassett, November 1998 (revised March 1999) [PDF]

    "Generational Accounting and Immigration in the United States," with Philip Oreopoulos, 1998 [PDF] . Programs and data are also available.

    "On the Marginal Source of Investment Funds," with Kevin A. Hassett, 1998 (revised 2000) [PDF]