The authors describe how proposed tax reforms would affect corporate financial policy and summarize economists' knowledge of the magnitude of those effects.

In the midst of general euphoria over a new and seemingly increasing federal budget surplus,this bookoffers a guide to this new situation.

Interest in the value-added tax (VAT), a form of sales tax on consumption, will increase as the Gramm-Rudman-Hollings targets for deficit reduction become increasingly difficult to achieve through budget cuts. This monograph describes the implementation and economic effects of the VAT.

Four distinguished authorities examine the implications of the Budget Enforcement Act for federal budget policy.

Is consumption the key to fostering economic growth and labor productivity?

The authors of this volume challenge the common perception that the removal of old distortions from the tax system would seriously hurt segments of the economy.

This book provides an analysis of ways to raise national saving and domestically financed investment.

The author concludes that fiscal policy is a more potent countercyclival tool than monetary policy under flexible exchange rates.

Do saving incentives such as Individual Retirement Accounts stimulate new saving or merely reshuffle existing assets?

Fannie Mae and Freddie Mac have aggressively used their government support to achieve extraordinarily high profitability and domination of the residential mortgage market.