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Keywords:Expenditures, Public 

Journal Article
Treasury financial operations

Federal Reserve Bulletin , Issue Jul , Pages 633-638

Journal Article
Crowding out and its critics

Review , Volume 57 , Issue Dec

Journal Article
Expenditures and incomes in the postwar period

Federal Reserve Bulletin , Issue Nov , Pages 1329-1338

Report
Is government spending stimulative?

Staff Memoranda , Paper 88-3

Journal Article
The relationship between money and expenditure in 1982

An abstract for this article is not available.
Economic Review , Volume 69 , Issue May , Pages 11-19

Working Paper
Global versus country-specific productivity shocks and the current account

For G-7 countries over the period 1961-1990, there appears to be a strong and stable negative correlation between annual changes in the current account and investment. Here we explore this correlation using a highly tractable empirical model that distinguishes between global and country-specific shocks. This distinction turns out to be quite important empirically, as global shocks account for roughly fifty percent of the overall variance of productivity. An apparent puzzle, however, is that the current account seems to respond by much less than investment to country-specific productivity ...
International Finance Discussion Papers , Paper 443

Conference Paper
Causation, spending and taxes: sand in the sandbox or tax collector for the welfare state?

Proceedings , Issue Nov

Journal Article
Consumer expenditures and saving

Federal Reserve Bulletin , Issue Mar

Journal Article
On the size and growth of government

The size of the U.S. federal government, as well as state and local governments, increased dramatically during the 20th century. This paper reviews several theories of government size and growth that are dominant in the public choice and political science literature. The theories are divided into two categories: citizen-over-state theories and state-over-citizen theories. The relationship between the 16th Amendment to the U.S. Constitution and the timing of government growth is also presented. It is likely that portions of each theory can explain government size and growth, but the challenge ...
Review , Volume 88 , Issue Jan , Pages 13-30

Working Paper
The importance of the tax system in determining the marginal cost of funds

Working Papers , Paper 92-15

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