Published Classic American Economic Review Published Sep 2004A New Measure of Monetary Shocks: Derivation and ImplicationsChristina D. Romer · David H. RomerThis 2004 American Economic Review paper by Christina D. Romer and David H.
Published Classic American Economic Review Published Jun 2010The Macroeconomic Effects of Tax Changes: Estimates Based on a New Measure of Fiscal ShocksChristina D. Romer · David H. RomerThis paper develops a narrative method for identifying postwar U.S. tax changes that are plausibly uncorrelated with other influences on output, in order to get around the omitted-variable bias that …