Masud Alam
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View article: Heterogeneous Responses to the U.S. Narrative Tax Changes: Evidence from\n the U.S. States
Heterogeneous Responses to the U.S. Narrative Tax Changes: Evidence from\n the U.S. States Open
This paper investigates the assumption of homogeneous effects of federal tax\nchanges across the U.S. states and identifies where and why that assumption may\nnot be valid. More specifically, what determines the transmission mechanism of\n…
View article: Time Varying Risk in U.S. Housing Sector and Real Estate Investment\n Trusts Equity Return
Time Varying Risk in U.S. Housing Sector and Real Estate Investment\n Trusts Equity Return Open
This study examines how housing sector volatilities affect real estate\ninvestment trust (REIT) equity return in the United States. I argue that\nunexpected changes in housing variables can be a source of aggregate housing\nrisk, and the f…
View article: Output, Employment, and Price Effects of U.S. Narrative Tax Changes: A\n Factor-Augmented Vector Autoregression Approach
Output, Employment, and Price Effects of U.S. Narrative Tax Changes: A\n Factor-Augmented Vector Autoregression Approach Open
This paper examines the short- and long-run effects of U.S. federal personal\nincome and corporate income tax cuts on a wide array of economic policy\nvariables in a data-rich environment. Using a panel of U.S. macroeconomic data\nset, mad…