Do deficits matter? /
Do deficits matter? Yes and no, says Daniel Shaviro in this landmark political and economic study. Yes, because fiscal policy affects generational distribution, national saving, and the level of government spending. And no, because the deficit is an inaccurate measure with little economic content
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Chicago :
University of Chicago Press,
1997
|
| Subjects: |
Table of Contents:
- 1. Introduction
- 2. Reasons for the Perceived Importance of Budget Deficits
- 3. The Debate among Economists from the 177Os through the 1970s
- 4. The Modern Deficit Debate
- 5. Tax Lag and Generational Equity
- 6. Macroeconomic Issues Raised by Tax Lag and Budget Deficits
- 7. Issues of Government Size and Structure
- 8. Conclusion
- 1 Introduction
- 2. Reasons for the Perceived Importance of Budget Deficits
- 3. The Debate among Economists from the 177Os through the 1970s
- 4. The Modern Deficit Debate
- 5. Tax Lag and Generational Equity
- 6. Macroeconomic Issues Raised by Tax Lag and Budget Deficits
- 7. Issues of Government Size and Structure
- 8. Conclusion.