The Federal Budget Deficit and Its Impact on Long-term Economic Growth PDF Download
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Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 108
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Book Description
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Economic Stabilization
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 108
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Book Description
Author: United States. Congress House. Committee on Banking, Finance, and Urban Affairs
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Daniel Shaviro
Publisher: University of Chicago Press
ISBN: 9780226751122
Category : Business & Economics
Languages : en
Pages : 362
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Book Description
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: DIANE Publishing Company
Publisher: DIANE Publishing
ISBN: 9780788118067
Category : Business & Economics
Languages : en
Pages : 50
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Book Description
Uses a long term economic growth model to simulate 3 of many possible fiscal paths through the year 2025: one path that takes no action on the deficit, a path that "muddles through" with deficits at 3% of gross domestic product, roughly approximating deficits of recent years, and a path that reaches balance in 2002 and sustains it. Examines possible outcomes and affects of these paths. 8 charts and tables
Author: Sidney G. Winter
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 34
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Book Description
Author:
Publisher: DIANE Publishing
ISBN: 9781568063348
Category : Business & Economics
Languages : en
Pages : 120
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Book Description
Discusses the long-term effects of the federal budget, ways of enhancing the long-term perspective in budgeting, the need for a new decision-making framework to highlight the choice between consumption and investment spending, and difficult choices that are required concerning what responsibilities the federal government will carry and how those activities will be financed. 51 charts and tables
Author: Mr.Daniel Leigh
Publisher: International Monetary Fund
ISBN: 1455294691
Category : Business & Economics
Languages : en
Pages : 41
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Book Description
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: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 120
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 32
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 28
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Book Description
This report updates a 1992 GAO study (GAO/OCG-92-2) on the long-term economic impact of the deficit, which concluded that deficit reduction was the key to America's long-term economic health. GAO noted that a path of inaction could not be sustained over the long run. If policymakers failed to take the initiatives, the economic consequences would force action. GAO identified three forces driving the long-term growth of budget deficits: health spending, interest costs, and--after 2010--Social Security. In its current report, GAO uses a long-term economic growth model to simulate three possible fiscal paths through the year 2025: (1) no action on the deficit; (2) "muddling through" with deficits at three percent of gross domestic product, roughly approximating deficits of recent years; and (3) reaching a balanced budget in 2002 and sustaining it.
