ADB Economics Working Paper Series No. 232
Macroeconomic Eects rom GovernmentPurchases and Taxes
Robert J. Barro and Charles J. Redlick
Robert J. Barro is Paul M. Warburg Professor of Economics, Harvard University, and Charles J. Redlickwas a student of Professor Barro there. This research was supported by a grant from the National ScienceFoundation. The authors appreciate the assistance with the marginal tax rate data from Jon Bakija andDan Feenberg. They also appreciate research assistance from Andrew Okuyiga and comments fromMarios Angeletos, Michael Greenstone, Greg Mankiw, Casey Mulligan, Jim Poterba, Valerie Ramey, DavidRomer, Robert Shimer, Jose Ursua, and participants in seminars at Harvard University, the Universityof Chicago, and Massachusetts Institute of Technology. This paper was presented at the ADB InceptionWorkshop on Human Capital and Economic Development held on 11 August 2010 at the London Schoolof Economics. An earlier version of this paper was published as NBER Working Paper No. 15369. Theauthors accept responsibility for any errors in the paper.