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Public Debt And The Budget
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Book Synopsis Public Debt as a Form of Public Finance by : Richard E. Wagner
Download or read book Public Debt as a Form of Public Finance written by Richard E. Wagner and published by Cambridge University Press. This book was released on 2019-05-30 with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists commit a category mistake when they treat democratic governments as indebted. Monarchs can be indebted, as can individuals. In contrast, democracies can't truly be indebted. They are financial intermediaries that form a bridge between what are often willing borrowers and forced lenders. The language of public debt is an ideological language that promotes politically expressed desires and is not a scientific language that clarifies the practice of public finance. Economists have gone astray by assuming that a government is just another person whose impulses toward prudent action will restrict recourse to public debt and induce rational political action.
Book Synopsis The Public Debt Problem by : P. Lemieux
Download or read book The Public Debt Problem written by P. Lemieux and published by Springer. This book was released on 2013-01-06 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European public debt problem was in the making long before the 2007-2009 recession, as budget deficits had become endemic. A similar crisis is now developing in America, where the same fundamental causes have been at work. The Public Debt Problem analyzes the situation of public debts in America and reviews official forecasts for the federal government. The author carefully explains the main concepts (budget deficit, public debt, etc.) and analytical tools (discounting, government accounting, Treasury securities, bonds, yields, etc.) necessary to understand the issues.
Book Synopsis A Nation in Debt by : Richard H. Fink
Download or read book A Nation in Debt written by Richard H. Fink and published by . This book was released on 1987 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Expansionary Austerity New International Evidence by : Mr.Daniel Leigh
Download or read book Expansionary Austerity New International Evidence written by Mr.Daniel Leigh and published by International Monetary Fund. This book was released on 2011-07-01 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management Generally Publisher : ISBN 13 : Total Pages :180 pages Book Rating :4.3/5 (91 download)
Book Synopsis Public Debt and the Budget by : United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management Generally
Download or read book Public Debt and the Budget written by United States. Congress. Senate. Committee on Finance. Subcommittee on Taxation and Debt Management Generally and published by . This book was released on 1978 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :United States. Congress. House. Committee on Government Operations Publisher : ISBN 13 : Total Pages :68 pages Book Rating :4.0/5 (22 download)
Book Synopsis Reducing the Public Debt by : United States. Congress. House. Committee on Government Operations
Download or read book Reducing the Public Debt written by United States. Congress. House. Committee on Government Operations and published by . This book was released on 1960 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers H.R. 1337 and related bills, to amend Budget and Accounting Act to make mandatory, except in time of war, two yearly reductions in national debt.
Book Synopsis Public Debt Ceiling by : United States. Congress. House. Committee on Ways and Means
Download or read book Public Debt Ceiling written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 1976 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Budget Deficit and the National Debt by : Kenneth W. Thompson
Download or read book The Budget Deficit and the National Debt written by Kenneth W. Thompson and published by . This book was released on 1997 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Budget Deficit and National Debt analyzes and attempts to better understand the problems associated with the debt and deficit. The theme of this book parallels the Miller Center's primary focus on governance and the presidency. The president is a key actor in submitting, approving, and administrating the budget. Therefore, the study of debt and deficit is in keeping with the Miller Center's focus on governance and the presidency. The book is divided into four sections. The first section discusses the debt and deficit from a variety of political perspectives and ideological approaches. Three contributors, representing different schools of thought and professional backgrounds, provide separate frameworks for considering the budget and deficit. The first section contrasts liberal, conservative, and independent views and compares the effects of the deficit on federal and local governments. The second section provides an overview of the origins and growth of the deficit and its effect on the U.S. economy. The authors outline interaction among and competition between economic and political forces operating in the United States, and they debate the merits of deficit reduction proposals. The third section examines the economic and political ramifications of the deficit, reviewing tactical and strategic errors and their consequences. The book concludes with a discussion of the political struggle over controlling the deficit and chronicles the ambitions and rivalries of two key political figures--Bill Clinton and Newt Gingrich. Their dispute over the seven year balanced-budget plan had significant influence on the policies of debt and deficit.
Book Synopsis Federal Debt by : United States. General Accounting Office
Download or read book Federal Debt written by United States. General Accounting Office and published by . This book was released on 1996 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Articles, reports, and books on the federal debt and its effects tend to be complex and technical. As a result, the public frequently misunderstands these issues. For example, people often forget that even if Congress and the President agree to balance the annual budget within the next several years, the federal debt will continue to grow until balance is actually achieved. Although declining deficits and, ultimately, balanced budgets could reduce the debt as a share of the economy, the debt will not decline unless there is a budget surplus. This document responds to frequently asked questions about the federal debt, deficits, and interest rates. GAO organizes these questions into three sections: (1) trends in the federal debt, deficits, and interest; (2) sales and ownership of federal debt; and (3) effects of the federal debt. For readers who are interested in more detailed information on these topics, GAO includes a short bibliography.
Book Synopsis White House Burning by : Simon Johnson
Download or read book White House Burning written by Simon Johnson and published by Vintage. This book was released on 2013-02-12 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the authors of the national bestseller 13 Bankers, a chilling account of America’s unprecedented debt crisis: how it came to pass, why it threatens to topple the nation as a superpower, and what needs to be done about it. With bracing clarity, White House Burning explains why the national debt matters to your everyday life. Simon Johnson and James Kwak describe how the government has been able to pay off its debt in the past, even after the massive deficits incurred as a result of World War II, and analyze why this is near-impossible today. They closely examine, among other factors, macroeconomic shifts of the 1970s, Reaganism and the rise of conservatism, and demographic changes that led to the growth of major—and extremely popular—social insurance programs. What is unquestionably clear is how recent financial turmoil exacerbated the debt crisis while creating a political climate in which it is even more difficult to solve.
Book Synopsis Public Debt, Sustainability and Economic Growth by : Alfred Greiner
Download or read book Public Debt, Sustainability and Economic Growth written by Alfred Greiner and published by Springer. This book was released on 2014-10-14 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public debt has become a severe problem for a great many economies. While the effects of tax policies on the allocation of resources are readily derived, the mechanisms that make public deficits and debt influence the economy are not so easily understood. This book elaborates on the effects of public debt starting from the intertemporal budget constraint of the government. It is shown under which conditions a government can stick to the intertemporal budget constraint and then, demonstrated how public debt affects the growth process and welfare in market economies. The effects are derived for models with complete labor markets as well as taking into account labor market imperfections. The focus in this book is on fiscal policy issues, but it also deals with monetary policy aspects. The theoretical analysis is complemented with empirical time series analyses on debt sustainability and with panel studies dealing with the relationship between public debt and economic growth.
Book Synopsis Public Debt and Economic Growth by : Alfred Greiner
Download or read book Public Debt and Economic Growth written by Alfred Greiner and published by Springer Science & Business Media. This book was released on 2009-07-24 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Starting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarantee sustainability of public debt. The book first elaborates on that principle from a theoretical point of view and then tests whether empirical evidence for that rule can be found. Additional tests are implemented to gain further evidence on sustainability of public debt. In order to allow for time varying coefficients penalized spline estimations are performed. The theoretical chapters present endogenous growth models and assume that the primary surplus rises as public debt increases so that sustainability of public debt is given. Implications of public deficits and debt are studied assuming full employment and for unemployment. The conclusion summarizes the findings and compares the results of the different models. Finally, policy implications are given showing how governments should deal with high public debt to GDP ratios.
Book Synopsis Estimating Outlays for the Interest on the Public Debt by : United States. Congressional Budget Office
Download or read book Estimating Outlays for the Interest on the Public Debt written by United States. Congressional Budget Office and published by . This book was released on 1977 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Public Debt Problem by : P. Lemieux
Download or read book The Public Debt Problem written by P. Lemieux and published by Springer. This book was released on 2013-01-06 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European public debt problem was in the making long before the 2007-2009 recession, as budget deficits had become endemic. A similar crisis is now developing in America, where the same fundamental causes have been at work. The Public Debt Problem analyzes the situation of public debts in America and reviews official forecasts for the federal government. The author carefully explains the main concepts (budget deficit, public debt, etc.) and analytical tools (discounting, government accounting, Treasury securities, bonds, yields, etc.) necessary to understand the issues.
Book Synopsis Budget Deficits and Debt by : Siamack Shojai
Download or read book Budget Deficits and Debt written by Siamack Shojai and published by Bloomsbury Publishing USA. This book was released on 1999-01-30 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited collection is a critical evaluation of the impact of fiscal imbalances on the economy of industrialized and developing countries as prepared by a diverse group of scholars involved in advanced research on public finance. Technical issues, economic consequences and the political economy of budget deficits and government debt are covered in one succinct volume. The work provides a balanced presentation of neo-classical views on measures of government deficits; the budget process and major budgetary legislation in the United States; and the impact of deficits on economic activity, exchange rates, inflation, financial markets, trade balance, and economic growth. It also examines the political economy of government budgets in the OECD, select developing economies, and South Africa. From the 1950s to the 1980s, economic activity and growth were affected by fiscal imbalances and excessive government activity in many countries. Although many actors have made retrenchment attempts, economic research has not resolved the conflicting arguments about the impact of fiscal imbalances on the global economy. This book provides a balanced presentation of all major issues related to the impact of fiscal activity on the economy.
Author :James M. Buchanan Publisher :Washington, D.C. : American Enterprise Institute for Public Policy Research ISBN 13 : Total Pages :88 pages Book Rating :4.F/5 ( download)
Book Synopsis Public Debt in a Democratic Society by : James M. Buchanan
Download or read book Public Debt in a Democratic Society written by James M. Buchanan and published by Washington, D.C. : American Enterprise Institute for Public Policy Research. This book was released on 1967 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Managing the Public Debt in an Era of Surpluses by : United States. Congress. House. Committee on Ways and Means
Download or read book Managing the Public Debt in an Era of Surpluses written by United States. Congress. House. Committee on Ways and Means and published by . This book was released on 2000 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
