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The United States Code (Code) is a document containing over 22 million words that represents a large and important source of Federal statutory law. Scholars and policy advocates often discuss the direction and magnitude of changes in various aspects of the Code. However, few have mathematically...
Persistent link: https://www.econbiz.de/10014196709
BEA’s national economic statistics provide a comprehensive view of U.S. production, consumption, investment, exports and imports, and income and saving. These statistics are best known by summary measures such as gross domestic product (GDP), corporate profits, personal income and spending,...
Persistent link: https://www.econbiz.de/10005842817
This paper adds some formal research to the success of ongoing efforts to combat the COVID-19 pandemic by examining the drivers of the administration and delivery efficiency of coronavirus vaccines. For this purpose, we use data from the 50 US states and place the formal analysis in the context...
Persistent link: https://www.econbiz.de/10012582035
This paper explores the impact of wartime military spending on postwar U.S. fiscal policy, with a particular focus on the "ratchet effect" in taxes and transfers. Through econometric analysis, we investigate how changes in defense spending during and after conflicts shape long-term federal...
Persistent link: https://www.econbiz.de/10015374743
We compare the size, structure and evolution of the public sectors in Canada and the United States primarily using national income accounting data. In the course of this investigation, which is accompanied by a substantial spreadsheet covering the period from 1929 to 2003/2004, questions are...
Persistent link: https://www.econbiz.de/10012731350
This paper examines the impact of policies and programs implemented by the United States federal government during the 1990's on poor Americans. The primary objective of this review is to determine how poverty reduction policies and programs, along with the significant economic expansion of the...
Persistent link: https://www.econbiz.de/10012711255
The purpose of this paper is to encourage and support academic research related to U.S. state and local government financial reporting. We (1) provide an overview of U.S. state and local governments and their financial reporting, (2) discuss sources of government data available to researchers,...
Persistent link: https://www.econbiz.de/10012850876
To what extent did external events and news versus the candidates' own actions drive the 2016 election outcome? And were candidates misled if they focused on traditional market research versus the newer probabilistic polls? Based on the dynamic political will formation framework, the authors...
Persistent link: https://www.econbiz.de/10012827141
We use a SVAR approach to the effects of fiscal and monetary policies, as well as their interactions (policy mix) for the US and the Euro Area (EMU). Overall, our results show that these two cases are different from each other. First, while in the case of the US there is evidence of Keynesian...
Persistent link: https://www.econbiz.de/10012928380
We document that postwar U.S. national elections show a strong pattern of "incumbency disadvantage": If the presidency has been held by a party for some time, that party tends to lose seats in Congress. We develop a model of partisan politics with policy inertia and prospective voting to explain...
Persistent link: https://www.econbiz.de/10012931468