id author title date pages extension mime words sentence flesch summary cache txt m039k358k85 Jonathan Stephen Wolff Essays Concerning the Nature of Business Cycles 2014 .txt text/plain 359 14 45 Chapter two continues this focus on state dependent fiscal policy by studying the state-dependent effects of consumption, labor, and capital tax cuts. Output multipliers tend to be positively correlated with welfare multipliers for all three kinds of tax changes. cache/m039k358k85.txt txt/m039k358k85.txt