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

17

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418

SSRN CITATIONS
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Top 2,029

in Total Papers Citations

101

CROSSREF CITATIONS

429

Scholarly Papers (17)

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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
Karel Mertens
Federal Reserve Banks - Federal Reserve Bank of Dallas
Downloads 213 (147,580)

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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: 08 Mar 2019
Karel Mertens and Morten O. Ravn
Federal Reserve Banks - Federal Reserve Bank of Dallas and University College London
Downloads 58 (373,631)
Citation 33

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Fiscal Policy, structural vector autoregressions, tax shocks

3.

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

Downloads 26 (502,682)
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 24 (530,067)

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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 (689,423)
Citation 1
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anticipation effects, business cycles, fiscal policy, tax liabilities

4.

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 (525,727)
Citation 41

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policy shocks, tax liabilities, anticipation effects, business cycles

5.

Marginal Tax Rates and Income: New Time Series Evidence

Downloads 18 (549,751)
Citation 10

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 (569,622)
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 4
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Fiscal Policy, Income, Income Distribution, Marginal Tax Rates, Tax Changes

6.

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 (593,831)
Citation 2

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7.

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 (613,644)
Citation 3

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8.

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 (613,644)
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collateral constraint, expectations, housing, leverage, liquidity trap

9.

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 (620,261)
Citation 6
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confidence shocks, fiscal policy, liquidity trap, sunspots

10.

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 (626,920)
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fiscal policy, measurement error, narrative identification, tax changes

11.

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

Downloads 6 (626,920)
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 (662,114)
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 (703,156)
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12.

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 (648,643)
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business cycles, hours worked, tax shocks, technology shocks

13.

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 (648,643)
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anticipation effects, fiscal policy, structural estimation, tax liabilities

14.

Do Monetary Policy Announcements Shift Household Expectations?

FRB of Dallas Working Paper No. 1906
Number of pages: 48 Posted: 22 Oct 2019
Daniel 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 2 (658,175)

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

15.

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 (658,175)
Citation 10
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fiscal policy, measurement error, narrative identification, tax changes, vector autoregressions

16.

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 (658,175)
Citation 3
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anticipation effects, fiscal policy, structural estimation, tax liabilities

17.

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
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 23

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