Karel Mertens

Federal Reserve Banks - Federal Reserve Bank of Dallas

2200 North Pearl Street

PO Box 655906

Dallas, TX 75265-5906

United States

  • Federal Reserve Banks - Federal Reserve Bank of Dallas

SCHOLARLY PAPERS

20

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542

SSRN CITATIONS
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Top 1,993

in Total Papers Citations

147

CROSSREF CITATIONS

427

Scholarly Papers (20)

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1.

The Near Term Growth Impact of the Tax Cuts and Jobs Act

FRB of Dallas Working Paper No. 1803
Number of pages: 16 Posted: 27 Jul 2018 Last Revised: 29 Apr 2020
Karel Mertens
Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 261 (125,676)

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Fiscal policy, Taxation, Tax Cuts and Jobs Act

2.

The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States: Reply to Jentsch and Lunsford

FRB of Dallas Working Paper No. 1805
Number of pages: 18 Posted: 15 Jun 2018 Last Revised: 29 Apr 2020
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and University College London
Downloads 67 (359,949)
Citation 52

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Fiscal Policy, structural vector autoregressions, tax shocks

3.

Do Monetary Policy Announcements Shift Household Expectations?

Downloads 34 (478,915)
Citation 2

Do Monetary Policy Announcements Shift Household Expectations?

FRB of New York Staff Report No. 897, September 2019
Number of pages: 67 Posted: 09 Sep 2019 Last Revised: 22 Jan 2020
Daniel J. Lewis, Christos Makridis and Karel Mertens
Federal Reserve Banks - Federal Reserve Bank of New York, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 32 (500,934)
Citation 2

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monetary policy shocks, central bank communication, information rigidities, consumer confidence, high-frequency identification

Do Monetary Policy Announcements Shift Household Expectations?

CEPR Discussion Paper No. DP14360
Number of pages: 69 Posted: 11 Feb 2020
Karel Mertens, Daniel J. Lewis and Christos Makridis
Federal Reserve Banks - Federal Reserve Bank of Dallas, Federal Reserve Banks - Federal Reserve Bank of New York and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 2 (712,341)
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central bank communication, consumer con dence, high frequency identi cation, informational rigidities, monetary policy shocks

4.

Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks

Downloads 28 (509,071)
Citation 2

Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks

NBER Working Paper No. w16289
Number of pages: 52 Posted: 24 Aug 2010
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and European University Institute - Economics Department (ECO)
Downloads 26 (535,490)

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Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks

CEPR Discussion Paper No. DP7370
Number of pages: 53 Posted: 26 Aug 2009
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and European University Institute - Economics Department (ECO)
Downloads 2 (712,569)
Citation 1
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anticipation effects, business cycles, fiscal policy, tax liabilities

5.

Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated US Tax Policy Shocks

National Bank of Belgium Working Paper No. 181
Number of pages: 60 Posted: 24 Sep 2010 Last Revised: 27 Sep 2010
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and European University Institute - Economics Department (ECO)
Downloads 22 (544,048)
Citation 44

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policy shocks, tax liabilities, anticipation effects, business cycles

6.

Social Distancing Following the SARS-Cov-2 Outbreak

FRB of Dallas Working Paper No. 2014
Number of pages: 21 Posted: 23 May 2020
Tyler Atkinson, James Dolmas, Christoffer Koch, Evan F. Koenig, Karel Mertens, Anthony Murphy and Kei-Mu Yi
affiliation not provided to SSRN, affiliation not provided to SSRN, Federal Reserve Bank of Dallas, affiliation not provided to SSRN, Federal Reserve Banks - Federal Reserve Bank of Dallas, Federal Reserve Banks - Federal Reserve Bank of Dallas and Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 21 (562,846)

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Social Distancing Index, Location Data, COVID-19, SARS-Cov-2, Social Distancing and Economic Activity

7.

U.S. Economic Activity during the Early Weeks of the SARS-Cov-2 Outbreak

Downloads 18 (569,053)
Citation 1

U.S. Economic Activity during the Early Weeks of the SARS-Cov-2 Outbreak

FRB of New York Staff Report No. 920, April 2020
Number of pages: 16 Posted: 14 Apr 2020
Daniel J. Lewis, Karel Mertens and James H. Stock
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of Dallas and Harvard University - Department of Economics
Downloads 15 (610,630)
Citation 1

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weekly economic index, high frequency, measurement of economic activity

U.S. Economic Activity During the Early Weeks of the SARS-Cov-2 Outbreak

NBER Working Paper No. w26954
Number of pages: 16 Posted: 13 Apr 2020 Last Revised: 20 Apr 2020
Daniel J. Lewis, Karel Mertens and James H. Stock
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of Dallas and Harvard University - Department of Economics
Downloads 3 (701,577)
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8.

Marginal Tax Rates and Income: New Time Series Evidence

Downloads 18 (569,053)
Citation 12

Marginal Tax Rates and Income: New Time Series Evidence

NBER Working Paper No. w19171
Number of pages: 81 Posted: 29 Jun 2013
Karel Mertens and Jose Montiel Olea
Federal Reserve Banks - Federal Reserve Bank of Dallas and New York University (NYU)
Downloads 18 (589,567)
Citation 1

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Marginal Tax Rates and Income: New Time Series Evidence

CEPR Discussion Paper No. DP10896
Number of pages: 69 Posted: 28 Oct 2015
Karel Mertens
Federal Reserve Banks - Federal Reserve Bank of Dallas
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Citation 6
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Fiscal Policy, Income, Income Distribution, Marginal Tax Rates, Tax Changes

9.

Do Monetary Policy Announcements Shift Household Expectations?

FRB of Dallas Working Paper No. 1906
Number of pages: 48 Posted: 22 Oct 2019 Last Revised: 29 Apr 2020
Daniel J. Lewis, Christos Makridis and Karel Mertens
Federal Reserve Banks - Federal Reserve Bank of New York, Massachusetts Institute of Technology (MIT) - Sloan School of Management and Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 14 (594,681)

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Monetary policy shocks, central bank communication, information rigidities, consumer confidence, high frequency identification

10.

A Narrative Analysis of Mortgage Asset Purchases by Federal Agencies

NBER Working Paper No. w23165
Number of pages: 164 Posted: 13 Feb 2017
Andrew Fieldhouse and Karel Mertens
Cornell University - Department of Economics and Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 11 (614,941)
Citation 2

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11.

The Macroeconomic Effects of Government Asset Purchases: Evidence from Postwar Us Housing Credit Policy

NBER Working Paper No. w23154
Number of pages: 87 Posted: 13 Feb 2017 Last Revised: 21 Feb 2017
Andrew Fieldhouse, Karel Mertens and Morten O. Ravn
Cornell University - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of Dallas and University College London
Downloads 8 (635,299)
Citation 5

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12.

Credit Channels in a Liquidity Trap

CEPR Discussion Paper No. DP8322
Number of pages: 36 Posted: 18 Apr 2011
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and University College London
Downloads 8 (635,299)
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collateral constraint, expectations, housing, leverage, liquidity trap

13.

Fiscal Policy in an Expectations Driven Liquidity Trap

CEPR Discussion Paper No. DP7931
Number of pages: 55 Posted: 26 Jul 2010
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and European University Institute - Economics Department (ECO)
Downloads 7 (642,091)
Citation 8
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confidence shocks, fiscal policy, liquidity trap, sunspots

14.

The Dynamic Effects of Personal and Corporate Income Tax Changes in the United States

CEPR Discussion Paper No. DP8554
Number of pages: 50 Posted: 16 Sep 2011
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and University College London
Downloads 6 (649,177)
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fiscal policy, measurement error, narrative identification, tax changes

15.

Measuring the Impact of Fiscal Policy in the Face of Anticipation: A Structural VAR Approach

Downloads 6 (649,177)
Citation 48

Measuring the Impact of Fiscal Policy in the Face of Anticipation: A Structural VAR Approach

CEPR Discussion Paper No. DP7423
Number of pages: 46 Posted: 08 Sep 2009
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and European University Institute - Economics Department (ECO)
Downloads 5 (685,313)
Citation 3
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anticipation effects, fiscal policy, structural vector autoregressions

Measuring the Impact of Fiscal Policy in the Face of Anticipation: A Structural VAR Approach

The Economic Journal, Vol. 120, Issue 544, pp. 393-413, May 2010
Number of pages: 21 Posted: 10 May 2010
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and European University Institute - Economics Department (ECO)
Downloads 1 (726,182)
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16.

U.S. Economic Activity During the Early Weeks of the SARS-Cov-2 Outbreak

FRB of Dallas Working Paper No. 2011
Number of pages: 16 Posted: 29 Apr 2020
Daniel J. Lewis, Karel Mertens and James H. Stock
Federal Reserve Banks - Federal Reserve Bank of New York, Federal Reserve Banks - Federal Reserve Bank of Dallas and affiliation not provided to SSRN
Downloads 3 (670,987)

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Weekly Economic Index, High Frequency, COVID-19, Measurement of Economic Activity

17.

Technology-Hours Redux: Tax Changes and the Measurement of Technology Shocks

CEPR Discussion Paper No. DP7962
Number of pages: 47 Posted: 24 Aug 2010
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and European University Institute - Economics Department (ECO)
Downloads 3 (670,987)
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business cycles, hours worked, tax shocks, technology shocks

18.

The Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks: Theory and Empirical Evidence

CEPR Discussion Paper No. DP6673
Number of pages: 55 Posted: 09 Jun 2008
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and European University Institute - Economics Department (ECO)
Downloads 3 (670,987)
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anticipation effects, fiscal policy, structural estimation, tax liabilities

19.

A Reconciliation of SVAR and Narrative Estimates of Tax Multipliers

CEPR Discussion Paper No. DP8973
Number of pages: 44 Posted: 25 May 2012
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and University College London
Downloads 2 (680,412)
Citation 19
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fiscal policy, measurement error, narrative identification, tax changes, vector autoregressions

20.

Understanding the Aggregate Effects of Anticipated and Unanticipated Tax Policy Shocks

CEPR Discussion Paper No. DP7505
Number of pages: 55 Posted: 17 Nov 2009
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and European University Institute - Economics Department (ECO)
Downloads 2 (680,412)
Citation 3
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anticipation effects, fiscal policy, structural estimation, tax liabilities