Journal Article
Federal budget deficits: sources and forecasts
Bernard, Theodore G.; Erceg, John J. (1988-03)
An examination of two different government forecasts of the five-year federal budget outlook, both of which show persistent large deficits, and a recommendation for additional policy actions in order to achieve annual deficit targets.
Economic Commentary , Issue Mar

Journal Article
A revised picture: has our view of the economy changed?
Bernard, Theodore G. (1986-04)
A discussion of the major statistical changes in the December 1985 benchmark revisions of the National Income and Product Accounts statistics and of their impact on business cycle timing and magnitudes.
Economic Commentary , Issue Apr

Journal Article
Productivity, costs, and international competitiveness
Bernard, Theodore G.; Erceg, John J. (1988-11)
A review of how moderation in U.S. manufacturing labor costs and record growth in manufacturing productivity have helped to improve the U.S. trade deficit in recent years, and an evaluation of how well domestic producers have performed relative to their major trading partners.
Economic Commentary , Issue Nov