Budget Options
Author | : United States. Congressional Budget Office |
Publisher | : |
Total Pages | : 300 |
Release | : 2003 |
Genre | : Budget |
ISBN | : |
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Author | : United States. Congressional Budget Office |
Publisher | : |
Total Pages | : 300 |
Release | : 2003 |
Genre | : Budget |
ISBN | : |
Author | : Mr.Daniel Leigh |
Publisher | : International Monetary Fund |
Total Pages | : 41 |
Release | : 2011-07-01 |
Genre | : Business & Economics |
ISBN | : 1455294691 |
This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.
Author | : Donovan Kurt |
Publisher | : |
Total Pages | : 0 |
Release | : 2012 |
Genre | : Budget deficits |
ISBN | : 9781620810330 |
The federal budget has been in deficit since 2002, but became significantly larger in 2009. That year, the deficit topped $1 trillion for the first time ever. Relative to the overall size of the economy, budget deficits from 2009 to 2011 have been significantly larger than in any other year since World War II. This book examines and discusses the size of the projected budget deficit; how much the deficit would need to be reduced to return to long-term sustainability; President Obama's fiscal commission and other initiatives; and business investment and employment tax incentives to stimulate the economy.
Author | : |
Publisher | : |
Total Pages | : 310 |
Release | : 1987 |
Genre | : Budget deficits |
ISBN | : |
Author | : United States. General Accounting Office |
Publisher | : |
Total Pages | : 32 |
Release | : 1995 |
Genre | : Budget deficits |
ISBN | : |
Author | : Daniel Shaviro |
Publisher | : University of Chicago Press |
Total Pages | : 362 |
Release | : 1997-05 |
Genre | : Business & Economics |
ISBN | : 9780226751122 |
Do deficits matter? Yes and no, says Daniel Shaviro in this political and economic study. Yes, because fiscal policy affects generational distribution, national saving, and the level of government spending. And no, because the deficit is an inaccurate measure with little economic content. This book provides an invaluable guide for anyone wanting to know exactly what is at stake for Americans in this ongoing debate. "[An] excellent, comprehensive, and illuminating book. Its analysis, deftly integrating considerations of economics, law, politics, and philosophy, brings the issues of 'balanced budgets,' national saving, and intergenerational equity out of the area of religious crusades and into an arena of reason. . . . A magnificent, judicious, and balanced treatment. It should be read and studied not just by specialists in fiscal policy but by all those in the economic and political community."—Robert Eisner, Journal of Economic Literature "Shaviro's history, economics, and political analysis are right on the mark. For all readers."—Library Journal
Author | : |
Publisher | : |
Total Pages | : 100 |
Release | : 1989 |
Genre | : Balance of payments |
ISBN | : |
Author | : United States. Congress. Senate. Committee on Finance. Subcommittee on Fiscal Responsibility and Economic Growth |
Publisher | : |
Total Pages | : 108 |
Release | : 2011 |
Genre | : Business & Economics |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 396 |
Release | : 1983 |
Genre | : Budget |
ISBN | : |
Author | : National Research Council |
Publisher | : National Academies Press |
Total Pages | : 230 |
Release | : 2013-01-10 |
Genre | : Social Science |
ISBN | : 0309261961 |
The United States is in the midst of a major demographic shift. In the coming decades, people aged 65 and over will make up an increasingly large percentage of the population: The ratio of people aged 65+ to people aged 20-64 will rise by 80%. This shift is happening for two reasons: people are living longer, and many couples are choosing to have fewer children and to have those children somewhat later in life. The resulting demographic shift will present the nation with economic challenges, both to absorb the costs and to leverage the benefits of an aging population. Aging and the Macroeconomy: Long-Term Implications of an Older Population presents the fundamental factors driving the aging of the U.S. population, as well as its societal implications and likely long-term macroeconomic effects in a global context. The report finds that, while population aging does not pose an insurmountable challenge to the nation, it is imperative that sensible policies are implemented soon to allow companies and households to respond. It offers four practical approaches for preparing resources to support the future consumption of households and for adapting to the new economic landscape.