The political economy of the budget surplus in the United States
Article Abstract:
The background to the 1998 budget surplus of the United States federal government is evaluated. Potential uses of the surplus are discussed against the background of 'tax smoothing' theory and future pensions liabilities.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
The tyranny of budget forecasts
Article Abstract:
The enactment of United States budgets is evaluated and the increasing importance of budget forecasts assessed. The rules of such forecasts and their political implications are discussed.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Reassessing discretionary fiscal policy
Article Abstract:
Potential reawakening in discretionary countercyclical fiscal policy in the United States is discussed. Its political history is explained and economic ramifications are analysed.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The political economy of United States' free trade arrangements. Trade barriers as bargaining outcomes
- Abstracts: The political economy of a divided Ireland. The globalisation of technology: a new taxonomy. Technology and innovation: an introduction
- Abstracts: The political economy of 'policy credibility': The new-classical macroeconomics and the remaking of emerging economies
- Abstracts: Toward a macroeconomics of the medium run. Economics in the cyberclassroom
- Abstracts: The value of quantitative evidence on the effect of the past on the present. Why, indeed, in America? Theory, history, and the origins of modern economic growth