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Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10010724962
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Persistent link: https://www.econbiz.de/10010551225
This paper examines the possible causes of the nationwide unfunded public pension liability problem in the U.S., and …’ pension systems, a specific analysis of the Rhode Island public pension system will be conducted. Through this investigation …
Persistent link: https://www.econbiz.de/10009450209
This paper presents a simple general equilibrium model of optimal taxation in which both private agents and the government can default on their debt. As a benchmark we consider Ramsey equilibria in which the government can precommit to its policies at the beginning of time, but in which private...
Persistent link: https://www.econbiz.de/10005498565
1993 Annual Report essay
Persistent link: https://www.econbiz.de/10005372644
A collection of eighteen articles have been purposely chosen to demonstrate the development of the original and significant contributions of my research over the period 1990 to 2008. Despite the relatively large number of articles, which cover a range of related issues, there is a surprisingly...
Persistent link: https://www.econbiz.de/10009457324
A collection of eighteen articles have been purposely chosen to demonstrate the development of the original and significant contributions of my research over the period 1990 to 2008. Despite the relatively large number of articles, which cover a range of related issues, there is a surprisingly...
Persistent link: https://www.econbiz.de/10009457368
The world has entered a global recession that is causing widespread business contraction, increases in unemployment, and shrinking government revenues. The process for coping with the crisis by countries across the globe has been manifest in four basic phases. The first has been intervention to...
Persistent link: https://www.econbiz.de/10009482932
by the ‘fiscal multiplier’ and the ‘quality of public finance’ literature. Public finance decisions also influence the … public finance structures and different levels of effectiveness and there is room for improvement in the growth and equality …The level and composition of public expenditures and revenues both have implications for economic development, as shown …
Persistent link: https://www.econbiz.de/10012301520
The European Union has been one of the most enthusiastic proponents of fiscal rules. Following the European sovereign debt crisis, the EU did not embark on a wide-scale governance reform with the aim of creating a fiscal union; rather, it started to cement the original architecture that had been...
Persistent link: https://www.econbiz.de/10012311703