Results 71 to 80 of about 343,015 (208)
A Golden Rule of Public Finance or a Fixed Deficit Regime? Growth and Welfare Effects of Budget Rules [PDF]
In this paper, we compare growth and welfare e¤ects of various budget rules within an endogenous growth model with productive public capital, utility enhancing public consumption and public debt.
Groneck, Max
core
Feel No Pain: Why a Deficit in Times of High Unemployment is Not a Burden [PDF]
With the economy suffering from near double-digit unemployment, public debate is dominated by concerns over the budget deficit and national debt. This discussion is unfortunate both because there is no reason for people to be concerned about the deficit ...
Dean Baker
core
THE IMPACT OF SYSTEM OF BUDGET EQUILIBRATION ON MACROECONOMIC INDEXES OF RUSSIAN FEDERATION [PDF]
Экономика региона, 2007 Theoretical regulations of basic conceptions of budget equilibration are considered in the article and the position of budget deficit/proficit in a system of socioeconomics relations is grounded.
E.V. Peshina, T.L. Konjusheva
doaj
Twin Deficits or Distant Cousins? Evidence from India [PDF]
The twin-deficits theory has intrigued economists and policy-makers alike for the past few decades. In a Keynesian economy, budget deficit increases the absorption of the economy, causes import expansions, and thereby, worsens the trade deficit.
Artatrana Ratha
core +1 more source
Bootstrap panel granger-causality between government budget and external deficits for the EU [PDF]
We investigate the existence of Granger-causality between current account and government budget balances over the period 1970-2007, for different EU and OECD country groupings. We use a panel-data approach based on SUR systems and Wald tests with country
António Afonso, Christophe Rault
core +3 more sources
The effects of budget deficit reduction on the exchange rate [PDF]
Public sector debt in the industrialized world has increased dramatically over the last 15 years. At the June 1996 Economic Summit in Lyon, France, leaders of the seven major industrialized democracies discussed the problems posed by large budget ...
Craig S. Hakkio
core
Chapter 4: US adjustment needs [PDF]
The US economy is arguably following an unsustainable trajectory. The main indicators of this are a large current account deficit, a large federal budget deficit and trend-wise increasing costs of Social Security and Medicare.
Giancarlo Corsetti +7 more
core
CBO and OMB projections, adjusted for inflation, show federal budget deficit under control [PDF]
Federal budget deficits continue to dominate discussions of the short-term economic future of the United States. This article by William G. Dewald stands in stark contrast to the aura of pessimism that pervades most such discussions.
William G. DeWald
core