This study looks at the effects of the complete elimination of direct government payments to farmers on the U.S. economy in general and the effect on land values in particular. The analytical approach used consists of a computable general equilibrium model composed of 14 producing sectors, 14...

This paper examines the question of the stability of automatic stabilizers in the United States. Based on a statistical text suggested by Brown, Durbin, and Evans (1975), the analysis concludes that the magnitude of automatic stabilization of economic activity afforded by personal tax receipts...

It has recently been shown that the Box-Jenkins approach to forecasting time series is superior to an econometric approach over a relatively short horizon. The results here support this contention. A combination of the two approaches, however, proves to be clearly superior to either one...