Online First Review of Economic Studies Online 10 Jun 2026A Temporary VAT Cut as Unconventional Fiscal PolicyRüdiger Bachmann · Benjamin Born · Olga Goldfayn-Frank · Georgi Kocharkov · Ralph Luetticke · Michael WeberThe paper studies Germany's temporary 3 percentage-point VAT cut from July 1 to December 31, 2020 (standard rate 19%→16%, reduced rate 7%→5%), combining two causal identification strategies with …