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Macroeconomic and Welfare Costs of U.S. Fiscal Imbalances

Macroeconomic and Welfare Costs of U.S. Fiscal Imbalances »

Source: Macroeconomic and Welfare Costs of U.S. Fiscal Imbalances

Volume/Issue: 2012/38

Series: IMF Working Papers

Author(s): Bertrand Gruss , and Jose L. Torres

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

ISBN: 9781463933814

Keywords: growth, entrepreneurs, entrepreneurial ability, Macroeconomic and Welfare Costs of U.S. Fiscal Imbalances, Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data), Fiscal Policies and Behavior of Economic Agents: General

In this paper we use a general equilibrium model with heterogeneous agents to assess the macroeconomic and welfare consequences in the United States of alternative fiscal policies over the medium-term. We find that...

Macroeconomic and Welfare Costs of U.S. Fiscal Imbalances

Macroeconomic and Welfare Costs of U.S. Fiscal Imbalances »

Volume/Issue: 2012/38

Series: IMF Working Papers

Author(s): Bertrand Gruss , and Jose L. Torres

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

DOI: http://dx.doi.org/10.5089/9781463933814.001

ISBN: 9781463933814

Keywords: growth, entrepreneurs, entrepreneurial ability, Macroeconomic and Welfare Costs of U.S. Fiscal Imbalances, Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data), Fiscal Policies and Behavior of Economic Agents: General

In this paper we use a general equilibrium model with heterogeneous agents to assess the macroeconomic and welfare consequences in the United States of alternative fiscal policies over the medium-term. We find that...