Econ Comments & Analysis
Washington Times | High stakes in the budgetary breakdown
The slim fiscal agreement lawmakers are expected to pass this week once again leaves unaddressed the bigger and more imperative tasks of budgeting. This continued delay, whatever its causes, invites two major hazards, neither of which can be ignored much longer.
AEI | Recent developments in the Dynamic Fiscal Policy literature
In this article, Gorry and Hassett review the major contributions of the Auerbach- Kotlikoff model of dynamic fiscal policy and explore highlights of subsequent research based on dynamic general equilibrium models of fiscal policy.
