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Keywords:Budget deficits 

Journal Article
Federal credit and insurance programs: beyond the deficit diversion

An examination of the budgetary and economic effects of federal credit and insurance programs, highlighting the problems inherent in making federal budget deficits the centerpiece of fiscal decisionmaking.
Economic Commentary , Issue Nov

Journal Article
Export crowding out

FRBSF Economic Letter

Journal Article
Deficits, debt and looming disaster : reform of entitlement programs may be the only hope

With government deficits and debt at record highs, the long-term fiscal outlook for the U.S. requires serious attention, most agree. The fix is most likely going to have to start with fundamental reforms of entitlement programs.
The Regional Economist , Issue Jan , Pages 4-9

Journal Article
The recession's impact on the state budgets of New York and New Jersey

In the wake of the most recent U.S. recession, both New York State and New Jersey have faced multibillion-dollar budget gaps. An analysis of the makeup of their budgets reveals that the states' heavy reliance on personal income taxes--particularly from high-wage earners in the finance sector--has exacerbated revenue shortfalls. To close their budget gaps, New York and New Jersey have had to make difficult choices about tax increases and service cuts. In the future, the states might take steps to avert such budget quandaries by establishing "rainy day" funds or restructuring taxes to make ...
Current Issues in Economics and Finance , Volume 16 , Issue Jun/Jul

Journal Article
Budget gaps and balanced-budget proposals in Third District states

Research Rap Special Report , Issue Jun

Working Paper
Real and financial linkages in the macroeconomic response to budget deficits: an empirical investigation

Working Papers in Applied Economic Theory , Paper 86-04

Conference Paper
Solutions for developed economies

Proceedings - Economic Policy Symposium - Jackson Hole

Conference Paper
Public sector deficits and macroeconomic stability in developing economies (general discussion)

Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
Macroeconomic behavior during periods of speculative pressure or realignment: evidence from Pacific Basin economies

This paper uses nonparametric tests to provide a description of the "stylized facts" associated with episodes of speculative pressure in foreign exchange markets in Pacific Basin Economies and to see whether these "stylized facts" appear to be broadly consistent with the alternative explanations for such episodes suggested in the theoretical literature. ; The empirical results are mixed, but some are nonetheless suggestive. Larger budget deficits and growth in central bank domestic credit appear to be associated with episodes of depreciation rather than episodes of appreciation or ...
Economic Review

Working Paper
Fiscal deficits and exchange rates: a look at recent policy assertions and their theoretical and empirical support

Working Papers in Applied Economic Theory , Paper 85-04

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Hutchison, Michael M. 11 items

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Budget deficits 189 items

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