Trans-Atlantic Public Economics Seminar.

• Position: Roger H. Gordon from National Bureau of Economic Research - Roberto Perotti from Bocconi University - Karel Mertens from Cornell University - Conference notes

The NBER's Trans-Atlantic Public Economics Seminar took place on June 14-16, 2010 in Varenna (Lake Como), Italy. Roger H. Gordon, NBER and University of California, San Diego and Roberto Perotti, IGIER (Bocconi University), organized this year's conference, which focused on fiscal policy. These papers were discussed:

* Karel Mertens, Cornell University, and Morten Ravn, University College London, "Empirical Evidence on the Aggregate Effects of Anticipated and Unanticipated U.S. Tax Policy Shocks"

* Alan J. Auerbach and Yuriy Gorodnichenko, University of California, Berkeley and NBER, "Measuring the Output Responses to Fiscal Policy"

* Eric M. Leeper, Alexander Richter, and Todd B. Walker, Indiana University, "Quantitative Effects of Fiscal Foresight"

* Jeff Clemens and Stephen Miran, Harvard University, "The Effects of State Budget Cuts on Employment and Income"

* Joshua D. Rauh, Northwestern University and NBER, and Robert Novy-Marx, University of Chicago, "Fiscal Imbalances and Borrowing Costs: Evidence from State Investment Losses"

* Marco Battaglini, Princeton University and NBER, and Stephen Coate, Cornell University and NBER, "Fiscal Policy over the Real Business Cycle: A Positive Theory" (NBER Working Paper No. 14047)

* Agustin S. Benetrix and Philip R. Lane, Trinity College...