Haomiao Ma马浩淼
Academic work / Research

Tax rises or spending cuts?

Economics 2 · March 2025

Comparing macroeconomic trade-offs in US fiscal consolidation through the IS–LM framework.

What I worked on

  • Compared implications for output, employment, interest rates, investment and debt sustainability.
  • Used the IS–LM framework and US fiscal-policy cases to evaluate tax and expenditure measures.