Directions for Fiscal Policy Research
I first started thinking seriously about fiscal policy in 1985, as a third-year graduate student at Harvard and a new research assistant for Marty Feldstein.
I first started thinking seriously about fiscal policy in 1985, as a third-year graduate student at Harvard and a new research assistant for Marty Feldstein.
Panelists discussed the outlook for the federal budget. Over the next 10 years, the deficit is going to be about double what it was on average for the last 50 years.
The United States is in need of novel solutions to deliver mental health care, especially in the wake of inadequate community health financing following deinstitutionalization.
Most experts maintain that oversight, including ex post oversight, is critical to ensure that government actions are transparent and accountable to its citizens.
US government debt is on a path that is almost surely unsustainable without significant changes in policy.
Many theories of outsourcing presume private firms are more efficient producers of goods and services, but that contracting frictions mean that firms do not internalize the government’s objective func
This paper simulates economic developments as if the discretionary fiscal stimulus enacted in the past two recessions had not occurred and additional automatic fiscal stabilizers had been deployed ins
India’s ambition to achieve carbon neutrality by 2070, alongside its alignment with the United Nations’ Sustainable Development Goals (SDGs), highlights the urgent need for enhanced climate action.
Even allowing for uncertainty about the future economy, current US fiscal policies are almost certainly unsustainable.
Even allowing for uncertainty about the future economy, current US fiscal policies are almost certainly unsustainable.
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