Results 261 to 270 of about 570,744 (306)

Budget Deficits, Public Debt and the Level of Public Investment

2011
This paper begins by briefly identifying the two traditions in macroeconomic analysis with regard to budget deficits, that of ‘fiscal consolidation and Ricardian equivalence’ and the ‘functional finance’ approach. The paper argues for the deficits/debt position to be approached in terms of ‘functional finance’, which sets the budget position to be ...
exaly   +2 more sources

Public Sector Deficits

Journal of Policy Modeling, 1999
Abstract The basic objective of the study is to investigate the main economic and policy variables that affect the growth of public deficits in the case of Greece. We prove that economic conditions have played a stabilizing role in general, while contrary to what is widely believed, policy variables seem to have been the most important factors ...
openaire   +1 more source

The Budget Deficit and the Public Debt

1993
Abstract The tax-reform hypotheses formulated so far may not appear sufficiently draconian to tackle the imbalances in Italy’s public finances. This is not in fact true; as explained above, since the sphere of direct and indirect public intervention in the Italian economy has to be reduced, we believe it is inappropriate to think of ...
Fiorella Padoa Schioppa Kostoris, John E Powell   +1 more
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The Public's Views about Medicare and the Budget Deficit

New England Journal of Medicine, 2011
Despite many years of dire warnings about the serious problems for the federal deficit posed by the projected growth in Medicare spending, it has been difficult for political leaders in Washington to find a long-term solution to this problem. One factor contributing to the continuing impasse has been the role played by public and voter opinion.
Robert J, Blendon, John M, Benson
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Money, Deficit and Public Debt in the United States

The Review of Economics and Statistics, 1989
This study estimates the underlying parameters in a dynamic game between the fiscal and monetary authorities over the determination of public debt. These estimates reveal the policymakers attitude towards the goal of stabilizing the time path of public debt. The central finding is that, in the United States during the 1955-85 period, this goal has been
Tabellini, Guido, La Via, Vincenzo
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Public Goods and Budget Deficit [PDF]

, 2006
We examine incentive-compatible mechanisms for fair financing and efficient selection of a public budget (or public good). A mechanism selects the level of the public budget and imposes taxes on individuals. Individuals’ preferences are quasilinear.
Abraham Neyman, Tim Russo
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The external effects of public sector deficits [PDF]

, 1989
This paper develops a two equation model for measuring how public sector deficits - and the way that they are financed - affect the real exchange rate, the trade balance, the current account and the level of external indebtedness. One equation relates the real exchange rate to the trade surplus and the other describes the trade surplus as a function of
openaire   +1 more source

In science communication, why does the idea of a public deficit always return? The eternal recurrence of the public deficit

Public Understanding of Science, 2016
After several years of loud and clear rejection, the idea of a public cognitive deficit insistently reappears in the agenda of Science Communication and Public Understanding of Science studies. This essay addresses two different kinds of reason – practical and epistemic – converging at that point.
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The Budget Deficit, Public Debt, and Endogenous Growth

Journal of Public Economic Theory, 2003
This paper analyzes the effects of public debt on endogenous growth in an overlapping generations model. The government fixes the budget deficit ratio. If the deficit ratio stays below a critical level, then there are two steady states where capital, output, and public debt grow at the same constant rate.
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Pasinetti on Public Debt and Deficit

Rivista Internazionale di Scienze Sociali
This note focuses on two works by Luigi Pasinetti, published respectively in 1995 and 1998, concerning public deficit and debt. It highlights the Keynesian framework that characterizes the first essay, in which the implications of deficit-financed public spending are examined in relation to the role of the latter as a component of aggregate demand and ...
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