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| | Reference.com/Encyclopedia/Fiscal policy |
 | | Fiscal Policy is the economic term which describes the behaviour of governments in raising money to fund current spending and investment for collective social purposes and for transfer payments to citizens and residents of the territory for which the government is responsible. | | | Also, fiscal policy (whether expansionary or contractionary) assumes things that are not necessarily true in real life: like that the government can change taxes almost instantaneously or that the government knows the exact extent of (in the case of contractionary fiscal policy) inflation. | | | Contractionary fiscal policy is a deliberate change in government spending or taxes in order to slow the economy (to prevent inflation). |
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http://www.reference.com/browse/wiki/Fiscal_policy
(758 words)
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| | fiscal policy - Hutchinson encyclopedia article about fiscal policy |
| | That part of government policy concerning taxation and other revenues, public spending, and government borrowing (the public sector borrowing requirement). | | | Fiscal policy can also be used to direct the economy. | | | British governments after 1945 customarily made frequent adjustments to fiscal policy in order to regulate the level of economic activity. |
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http://encyclopedia.farlex.com/fiscal+policy
(212 words)
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| | Fiscal Policy: Index |
| | Fiscal Policy: Current and Capital Spending (June 1998): this paper discusses the rationale for the Government's two fiscal rules in the light of trends in current and capital spending and their interaction with the fiscal policy framework. | | | Analysing UK Fiscal Policy (November 1999): this paper describes the objectives of fiscal policy, the institutional framework to deliver them and analyses the interpretation of the main fiscal aggregates. | | | End of year fiscal report (December 2005) : first published alongside the 2002 Pre-Budget Report, is central to the Government’s retrospective reporting and analysis of fiscal issues and builds on the information already published in the Pre-Budget Report and the Budget. |
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http://www.hm-treasury.gov.uk/Documents/UK_Economy/Fiscal_Policy/ukecon_fisc_index.cfm
(1185 words)
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| | The Role of Fiscal Policy - FRBSF Economic Letter (09/06/2002) |
| | When expectations of future fiscal policy are important, "expansionary" fiscal policy-an increase in government spending, for example-may actually be contractionary. | | | Both current and future fiscal actions must be considered in assessing the impact of fiscal policy on the economy. | | | Expansionary fiscal policy aims to boost demand and output in the economy either directly, through greater government expenditures, or indirectly, through tax reductions that stimulate private consumption and investment spending. |
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http://www.frbsf.org/publications/economics/letter/2002/el2002-26.html
(1719 words)
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| | CRC - Publications - Fiscal Policy Rules In Australia |
| | Establish an Institute of Fiscal Affairs that would be tasked with the regular review of the Government's fiscal record and fostering of public debate on fiscal policy and intergenerational policy matters. | | | The Institute for Fiscal Affairs be tasked with fostering debate over issues relating to the size of government including trends in major areas of public spending and their implication for the tax system. | | | Perhaps the most contentious fiscal rules that may be applied are those that relate to the size of government ie restrictions on taxes or outlays. |
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http://www.chifley.org.au/publications/index.php?publicationID=12
(1972 words)
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| | SparkNotes: Tax and Fiscal Policy: Terms |
| | Fiscal Policy - Policy that uses taxation and government spending to steer the economy. | | | Contractionary Fiscal Policy - Policy enacted by the government that reduces output. | | | Expansionary Fiscal Policy - Policy enacted by the government that increases output. |
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http://www.sparknotes.com/economics/macro/taxandfiscalpolicy/terms.html
(765 words)
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| | Challenge: Reviving Fiscal Policy - John Maynard Keynes |
| | The majority of economists have concluded that monetary policy alone should be used to stabilize the economy, and a minority have argued that the government should not use either monetary or fiscal policy for that purpose. | | | This policy means either a cut in taxes, an increase in government cash transfer payments, or an increase in government purchases of goods and services. | | | With such a combined policy there is no need for a further increase in the national debt held by the public, since to achieve its monetary expansion, the central bank can buy the government bonds issued as a result of the increased fiscal deficit. |
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http://www.findarticles.com/p/articles/mi_m1093/is_3_44/ai_75532959
(1364 words)
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| | The budget arithmetic test: Repairing federal fiscal policy |
| | Policies that cannot succeed at putting the U.S. budget in orderfor example, reductions in domestic discretionary spending will be rendered increasingly irrelevant by the inexorable and unsustainable growth in health care entitlement costs, an issue that will come to the forefront of the budget debate with the retirement of the baby boom generation. | | | For policy purposes, however, all the interesting aspects of mandatory spending are entitlements. | | | Thus, policy changes in the past three-and-a-half years have caused the 10-year budget balance to decline by $7 trillion, an average of $670 billion a year. |
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http://www.epinet.org/content.cfm/bp153
(8965 words)
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| | What Is Fiscal Policy? |
| | Fiscal policy is the means by which a government adjusts its levels of spending in order to monitor and influence a nation's economy. | | | Fiscal policy could also dictate a decrease in government spending and thereby decrease the money in circulation. | | | By using a mixture of both monetary and fiscal policies (depending on the political orientations and the philosophies of those in power at a particular time, one policy may dominate over another), governments are able to control economic phenomena. |
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http://www.investopedia.com/articles/04/051904.asp
(955 words)
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| | Fiscal Policy |
| | The term fiscal policy refers to the expenditure a government undertakes to provide goods and services and to the way in which the government finances these expenditures. | | | The second tool available to government (and one that is used by all levels of government) is fiscal policy. | | | The conduct of fiscal policy is very complicated in its effects on the economy, its reliance on external factors and the value-driven objectives that characterize much of the redistribution of resources and other fiscal policy choices. |
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http://www.finpipe.com/fiscpol.htm
(1793 words)
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| | Macroeconomic Policy |
| | In essence fiscal policy is a juggling act: By adjusting spending and taxation, the government can in principle maintain high levels of employment and stable prices. | | | Fiscal policy thus strives to smooth out the business cycle by manipulating the federal budget to maintain just enough demand to keep people working but not so much as to fuel inflation. | | | Fiscal policy, on the other hand, appeals to politicians who want to keep the economy vigorous and growing even at the cost of moderately higher prices. |
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http://gopher.udel.edu/htr/Psc105/Texts/macro.html
(1127 words)
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| | Using Fiscal Policy [Virtual Economy] |
| | Fiscal policy is the use of government expenditure and taxation to manage the economy. | | | The main changes in fiscal policy happen once a year in the Budget. | | | It is in the Budget that the Chancellor sets the levels of taxation and government expenditure for the next fiscal year |
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http://www.bized.ac.uk/virtual/economy/policy/advisors/fiscal.htm
(356 words)
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| | Fiscal policy: definition, impact on Canadians' lives and related links |
| | Budgetary actions that raise the growth of government expenditures, reduce the growth of revenues and either increase the deficit or reduce the surplus are the sort of fiscal policies that tend to stimulate short-term growth in the economy. | | | Fiscal policy refers to the way in which the government exerts influence on the economy through its overall budgetary decisions. | | | This is not easy, because there are long and variable lags between government fiscal policy decisions and the resulting impact on the economy. |
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http://canadianeconomy.gc.ca/english/economy/fiscal.html
(198 words)
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| | Fiscal Policy Effects on Grade Inflation |
| | The purpose of my paper is to suggest that grade inflation does exist and that another of its causes is fiscal and budgetary policy, specifically, the use by many states of enrollment based funding formulas as a means of allocating funds for higher education. | | | The Center for the Study of Education Policy at Illinois State University which tracks state expenditures on higher education needs other than construction found an aggregate spending increase of about 7% in fiscal 2000 (Schmidt). | | | The U. Department of Education "Finance FY 94" survey suggests that publicly funded institutions of higher education received 35.9 % of their funds from state governments and 18.4% from tuition; bringing to a total of 54.3% the funds derived from numbers of enrolled students. |
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http://www.newfoundations.com/Policy/Barndt.html
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| | Colorado Fiscal Policy Institute |
| | The Colorado Fiscal Policy Institute (COFPI), formerly the Colorado Fiscal Project, founded in 1996 as an all volunteer organization, is a coalition of community-based organizations, individuals, advocates, educators and nonprofits. | | | Through education, fiscal and policy analysis, and collaboration, the Institute informs policymakers, the media and the public about the importance of a fair and equitable state fiscal system. | | | The Colorado Fiscal Policy Institute is part of the State Fiscal Analysis Initiative (SFAI). |
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http://www.cclponline.org/cfpi
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| | Reporting Fiscal Misconduct |
| | This policy establishes the procedures and responsibilities for reporting and resolving instances of known or suspected fiscal misconduct in order to: protect the assets and interests of the University, ensure a coordinated approach toward resolution of fiscal misconduct, and encourage compliance with applicable State Fiscal Rules and Colorado Revised Statutes. | | | Fiscal Misconduct - Examples include circumstances of embezzlement; defalcation; misappropriation of goods, services, or resources; diversion of assets; conflict of interest situations that result in financial loss; and violation of University fiscal policies and procedures for personal gain. | | | The hardship exemption raises the required reporting level to $10,000 due to the University's policy and internal processes for handling fiscal misconduct. |
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http://www.cusys.edu/~policies/Fiscal/fiscalmis.html
(1238 words)
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| | Indiana Fiscal Policy Institute |
| | The Indiana Fiscal Policy Institute is a member of the National Taxpayer's Conference and the Governmental Research Association. | | | IFPI’s Mission is to enhance the effectiveness and accountability of state and local government through the education of public sector, business, and labor leaders on significant fiscal policy issues and the consequences of state and local decisions. | | | The Indiana Fiscal Policy Institute (IFPI), formed in 1987, is a private, non-profit governmental research organization. |
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http://www.indianafiscal.org
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| | Outline of the U.S. Economy |
| | But anti-inflation fiscal policies are difficult to sell politically, and the government resisted shifting to them. | | | While the budget remained enormously important, the job of managing the overall economy shifted substantially from fiscal policy to monetary policy during the later years of the 20th century. | | | Fighting inflation requires government to take unpopular actions like reducing spending or raising taxes, while traditional fiscal policy solutions to fighting unemployment tend to be more popular since they require increasing spending or cutting taxes. |
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http://usinfo.state.gov/products/pubs/oecon/chap7.htm
(4829 words)
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| | Keynesian Impact on Public Policy |
| | Consequently, government fiscal policy will (and ought to) be henceforth responsible for a permanently larger portion of economic activity. | | | Of particular importance in the early years was in regarding the role of fiscal policy. | | | Monetary policy, dedicated exclusively to maintaining the Gold Standard before the war, was gradually revealed as being an important influence on output and thus a potentially effective policy tool. |
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http://cepa.newschool.edu/het/essays/keynes/publicpolicy.htm
(1467 words)
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| | Fiscal Policy |
| | fiscal policy is undertaken by the president and the congress, and | | | The goal of contractionary fiscal policy is to reduce inflation. | | | If there is high unemployment and the government uses expasionary fiscal policy to try to reduce the unemployment they would increase government spending and/or decrease taxes. |
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http://www.harpercollege.edu/mhealy/eco212i/lectures/fiscpol/fp.htm
(5689 words)
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| | EconDebates - Fiscal Policy |
| | Economic forecasts suggest that such a federal budget surplus is likely to continue for the next several years (in the absence of a major recession or substantial revisions in fiscal policy). | | | In the late 1990s, discussion of U.S. fiscal policy often focused on how the budget surplus should be used. | | | The recession of 2001 (and the subsequent "jobless recovery"), the Bush Administration's tax cuts, and rising military and homeland security expenditures have converted the the budget surplus into a large and growing federal budget deficit. |
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http://www.swlearning.com/economics/policy_debates/econ_debates_fiscal_policy.html
(272 words)
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| | New America Foundation : section - Fiscal Policy Program |
| | The findings are used to provide a more accurate depiction of government policies and their effects on families and individuals, and to allow for a more thorough analysis of a number of cross-cutting issues including: tax burdens; spending by budget area; spending on consumption versus investment; and spending on transfers versus public goods. | | | Too often, for instance, tax policy debates focus on the federal income tax in isolation, even though this ignores the many other forms of taxation American families are subject to – from payroll taxes, to corporate income taxes, which are passed on to workers and consumers, to a wide array of state and local taxes. | | | Recognizing that aggregate numbers are necessary to make the burdens and benefits of our policy choices more transparent, another part of the research agenda is to compile detailed data on both the revenue and expenditure sides of the budget by combining all local, state, and federal expenditures into a unified picture. |
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http://www.newamerica.net/index.cfm?pg=section&secID=26
(712 words)
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| | How does fiscal policy affect monetary policy in emerging market countries? |
| | First, it conducts a test for fiscal dominance, and finds that the evidence points clearly to a regime of fiscal dominance in the case of Argentina and Brazil during the 1990s and early 2000s, while for the other countries in the sample the results are mixed. | | | The empirical analysis is conducted through an event study, assessing the impact of news concerning fiscal variables and fiscal policy, on sovereign spread and exchange rate daily movements in Brazil, during the period surrounding the 2002 macroeconomic crisis. | | | Next, the paper evaluates whether monetary policy accommodates fiscal policy, by assessing whether fiscal variables enter significantly in the central bank's reaction function. |
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http://www.bis.org/publ/work174.htm
(289 words)
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| | Fiscal Policy:Topic |
| | Work also examines the longer-term debt dynamics and sustainability of public finances, the role of fiscal policy in a monetary union and the interaction between fiscal and monetary policy. | | | How fiscal rules can help minimise pressure on resources and ensure that they are used efficently. | | | But sustaining this performance will become harder over time, and reforms in areas such as competition policy, education, innovation and infrastructure investment will be needed. |
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http://www.oecd.org/topic/0,2686,en_2649_34595_1_1_1_1_37427,00.html
(471 words)
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| | Tax and Fiscal Policy |
| | Dean Stansel is a Fiscal Policy Analyst at the Cato Institute. | | | To overcome the failures of today’s shortsighted federal fiscal system, some economists are now beginning to acknowledge the need for a new method of accounting that incorporates the cost of future liabilities such as Social Security, Medicare, Medicaid, and the transportation fund. | | | Today’s spending and tax policy decisions are indeed of paramount importance to the well-being of America’s children. |
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http://www.pacificresearch.org/pub/sab/health/legguide_child/tax.html
(3359 words)
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| | FISCAL MISCONDUCT POLICY: Administration & Finance: Internal Audit |
| | FISCAL MISCONDUCT: Examples include embezzlement; misappropriation of goods, services, or resources; diversion of assets; conflict of interest situations, violation of state or University fiscal policies and procedures and use of University facilities and equipment for personal gain; and any activity related to intentional wrongdoing and improper behavior related to state financial matters. | | | B. Upon a receipt of a report of suspected fiscal misconduct, the members of the fiscal misconduct committee, comprised of the Director of University Police, Internal Audit, and Legal Counsel, will determine the procedures to be used and the appropriate team to review or investigate the allegations. | | | This policy establishes the procedures for reporting and resolving instances of known or suspected fiscal misconduct in order to protect the assets and interests of the state. |
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http://www.montana.edu/wwwaudit/misconduct.html
(658 words)
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| | Office of Fiscal Policy Analysis |
| | Fiscal Analysts are assigned to subject areas and work most closely with the chairs of the Budget Divisions. | | | Ongoing budget activity, budget-related events, trends, and issues are analyzed for their fiscal policy implications. | | | The Office of Fiscal Policy Analysis is a professional, non-partisan service office within the Senate. |
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http://www.senate.leg.state.mn.us/departments/fiscalpol
(410 words)
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| | Fiscal policy and employment |
| | In short, the case for fiscal policy as a way to create jobs is pretty much restricted to situations in which the economy is depressed and is close to a liquidity trap, with real doubts about whether monetary policy by itself can restore full employment. | | | And the obvious policy implication is that fiscal expansion should be temporary, not permanent. | | | If that assumption is right, the job creating effects of any fiscal expansion will be of short duration, a year or two; it's just silly to imagine that the Bush plan, or any plan, will raise employment for 10 years, let alone raise employment by a growing amount over a decade. |
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http://www.wws.princeton.edu/~pkrugman/fiscal.html
(738 words)
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| | U.S. Senator John McCain |
| | We have a projected deficit of over $521 billion and we continue to spend, and spend, and spend. | | | Now, at a time of national crisis, we have thrown caution to the wind and continue to spend, and spend, and spend - all the while cutting taxes. | | | We can talk about every budget reform measure imaginable, but the bottom line is that, until both Democrats and Republicans control their appetite for spending, we’re going to continue to spiral out of control. |
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http://mccain.senate.gov/index.cfm?fuseaction=NewsCenter.ViewSpeech&Content_id=1287
(1157 words)
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| | Center on Budget and Policy Priorities |
| | The Center helps build the capacity of State Fiscal Analysis Initiative organizations and other state nonprofit organizations to provide reliable analysis on fiscal policy and budget priorities in their states. | | | The Center analyzes state budget issues including multi-state trends, the adequacy and equity of tax policies, structural budget issues, and budget transparency. | | | The Center also works with states and state nonprofit organizations to develop responsible budget and tax policies that take the needs of low-income families into account. |
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http://www.cbpp.org/pubs/sfp.htm
(157 words)
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| | Democratic Leadership Council: Economic & Fiscal Policy: Budget Strategies |
| | Democrats should champion a whole new generation of budget reform proposals tailored to the extreme nature of the current fiscal crisis, and to the underlying abandonment by the GOP of the bipartisan commitment to fiscal discipline that produced such spectacular results during the Clinton administration. | | | Bush administration economic and fiscal policies have left the nation with anemic job growth and ballooning deficits. | | | The fiscal chicken hawks of the Bush administration have shown once again they are not serious about coming to grips with the federal budget crisis, or even admitting its existence. |
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http://www.dlc.org/ndol_sub.cfm?kaid=125&subid=162
(679 words)
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| | Fiscal Policy Institute - Home Page |
| | The Fiscal Policy Institute (FPI) is a nonpartisan research and education organization that focuses on the broad range of tax, budget, economic and related public policy issues that affect the quality of life and the economic well-being of New York State residents. | | | This is an updated and revised version of the Fiscal Policy Institute's analysis of Governor George E. Pataki's Executive Budget and alternative approaches to balancing New York State's 2005-2006 budget. | | | (PDF) This is the Fiscal Policy Institute's briefing book on Governor George E. Pataki's Executive Budget and alternative approaches to balancing New York State's 2005-2006 budget. |
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http://www.fiscalpolicy.org
(2709 words)
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| | Point/Counterpoint on Administration Fiscal Policy - Center for American Progress |
| | On December 10, Office of Managemant and Budget Director Joshua Bolten published an op-ed piece in the Wall Street Journal detailing the administration’s fiscal policy and approach to the deficit. American Progress Senior Economic Advisor Gene Sperling responds. | | | Had the Clinton administration adopted a policy of tolerating 4.5 percent of GDP deficits, rather than leaving office with a projected surplus of 3.3 percent of GDP in 2004, the fiscal deterioration we have experienced over the past three years would have left us with historically unprecedented deficits in excess of 12 percent of GDP. | | | The tax cuts are the largest single contributor to the deterioration of our budget outlook, and will continue to impose huge costs in years to come – over $600 billion in 2013 alone, including interest cost. |
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http://www.americanprogress.org/site/pp.asp?c=biJRJ8OVF&b=14382
(1101 words)
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| | Fiscal Policy Management Unit - Ministry of Finance and Planning, MoFP Online |
| | As part of the Government's effort to develop skills at the Ministry of Finance and Planning with respect to the management of fiscal policy, the fiscal Policy Management Unit (FPMU) was established as a project funded unit in August 1993. | | | The Unit was set up to be the coordinating body, within the Ministry of Finance and Planning, with responsibility for the better coordination and management of fiscal policy. | | | the coverage, accuracy as well as the timeliness of monitoring and forecasting fiscal parameters have improved as the Unit enhances its capability to manage and align Government's expenditure and revenue flows. |
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http://www.mof.gov.jm/programmes/em/fpmu/default.shtml
(209 words)
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| | EconPapers: Monetary and Fiscal Policy Switching |
| | In the first regime monetary policy follows the Taylor principle and taxes rise strongly with increases in the real value of government debt; in the second regime the Taylor principle fails to hold and taxes follow an exogenous stochastic process. | | | The impacts of monetary policy shocks can also be different because their fiscal implications (and wealth effects) are different when regime can change. | | | Abstract: Interest rate rules for monetary policy and tax rules for fiscal policy change stochastically between two regimes. |
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http://econpapers.repec.org/paper/ecmnasm04/274.htm
(345 words)
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| | Economic and Fiscal Policy |
| | The Economic and Fiscal Policy of the Koizumi Administration - Achievements of the Council on Economic and Fiscal Policy and Policies Ahead - (Dec.27, 2001)(PDF format) | | | Principles of the Policy Measures for Economic Rebirth (Explanatory Statement by Minister Taichi Sakaiya)(Nov. 11, 1999) | | | Structural Reform and Medium-Term Economic and Fiscal Perspectives - FY 2003 Revision, Decided by the Cabinet on January 19. |
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http://www5.cao.go.jp/keizai/index-e.html
(1315 words)
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| | Fiscal Policy: Why 'Stupid' Fits |
| | The president and members of Congress always insist that they are fiscal conservatives who believe in balanced budgets. | | | But our current budget policies are built not on honest coherence but on incoherence or, even worse, a dishonest coherence. | | | And it's hard to give the fiscal conservatives too much credit, since they would cut $80 billion from Medicare and $50 billion from Medicaid over five years and suggest reductions in school lunches, rent subsidies for the poor and foreign aid, among other things. |
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http://www.washingtonpost.com/wp-dyn/content/article/2005/09/22/AR2005092202255.html
(694 words)
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| | NYPN Members: FISCAL POLICY INSTITUTE |
| | The Fiscal Policy Institute (FPI) is a non-partisan research and education organization focusing on New York fiscal, economic and related public policy issues. | | | FPI works closely with several national organizations addressing fiscal and economic questions from a progressive perspective, including the Center on Budget and Policy Priorities, the Economic Policy Institute, and the Institute on Taxation and Economic Policy. | | | Founded in 1991, FPI is based in Albany and provides regular analysis of issues related to the fairness of New York's tax system and the stability and adequacy of state and local public services. |
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http://www.nypn.org/htm/Members/fpi
(237 words)
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| | MaxSpeak, You Listen!: KERRY’S TAX CUT MAKES ME WANNA RALPH |
| | As such, whatever its merits, it glosses over the fundamental issue of fiscal policy — deficits and monetary expansion. | | | Our own could have a similar impact on hiring, though we would not tout it on the basis of short-term fiscal policy, nor as a significant long-run boost to employment. | | | In general, Kerry’s commitment is not quite as great as it may look, but if it means getting to 4.1 percent unemployment, that would be all that MaxSpeak could ask for in the vein of fiscal policy. |
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http://maxspeak.org/mt/archives/000276.html
(944 words)
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| | SSRN-References Cited 'Non-Keynesian Effects of Fiscal Policy in the EU-15' by António Afonso |
| | Non-Keynesian Effects of Fiscal Policy in the EU-15 | | | Alesina, A. and Perotti, R. "Fiscal Expansions and Adjustments in OECD countries," Economic Policy, 21, 205-248. | | | Blanchard, O. "Suggestions for a new set of fiscal indicators," in Verbon, A. and Winden, F. (eds.), The Political Economy of Government Debt, North-Holland. |
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http://papers.ssrn.com/sol3/RefUsedIn.cfm?abid=317481
(634 words)
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| | Democratic Leadership Council: Economic & Fiscal Policy |
| | New Democrats believe in fiscal discipline, a progressive tax system free of special-interest subsidies, and government budgets that emphasize investments in the country's long-term well-being. | | | DLC Chair Gov. Tom Vilsack hosted a forum to offer progressive solutions to clean up the fiscal mess in Washington and restore fiscal responsibility through federal budget reforms, cutting unnecessary spending, reducing waste, and reforming the tax code in ways that provide greater opportunity for middle class American families. | | | Ron Wyden (D-Ore.), Rep. Rahm Emanuel (D-Ill.), and Chicago Mayor Richard M. Daley discussed their fiscally responsible, pro-middle class ideas for tax reform at a Friday Forum today. |
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http://www.dlc.org/ndol_ka.cfm?kaid=125
(158 words)
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| | SSRN-Monetary Policy and Fiscal Rules by Barbara Annicchiarico, Giancarlo Marini, Alessandro Piergallini |
| | This paper studies the performance of monetary policy under alternative fiscal regimes in a dynamic New Keynesian optimizing general equilibrium model with wealth effects. | | | Annicchiarico, Barbara, Marini, Giancarlo and Piergallini, Alessandro, "Monetary Policy and Fiscal Rules" (March 2004). | | | SSRN-Monetary Policy and Fiscal Rules by Barbara Annicchiarico, Giancarlo Marini, Alessandro Piergallini |
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http://papers.ssrn.com/sol3/papers.cfm?abstract_id=517883
(251 words)
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| | Fiscal Policy Challenges -2004 Policy Conference |
| | Policymakers are aware of the economic challenges of transitioning to less stimulative near-term policies while simultaneously addressing the difficult long-term budget realities implied by public commitments to current and future retirees, desires for lower tax rates, and sharply rising discretionary spending. | | | Our keynote speaker will identify the fiscal policy challenges faced by the United States over the next couple of decades. | | | His earlier technical, professional, and business experience was with Price Waterhouse, Coopers and Lybrand and Source Services Corporation, an international human resources consulting and search firm. |
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http://www.nabe.com/pc2004/session1.html
(211 words)
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| | Chapter 24 |
| | This chapter extends the Keynesian model to allow for changing government spending and taxes, and explores the possibility that government might influence the level of production and employment by means of budgetary or "fiscal" policy. |
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http://william-king.www.drexel.edu/top/prin/txt/fiscal/Ch22ToC.html
(52 words)
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