Macroeconomic and Welfare Costs of U.S. Fiscal Imbalances /
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 failing to address the fiscal imbalances associated with current federal fiscal polic...
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2012.
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Serie: | IMF Working Papers; Working Paper ;
No. 2012/038 |
Accesso online: | Full text available on IMF |