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Fiscal Policy
By David N. Weil
Fiscal policy is the use of government spending and taxation to influence the economy. When the government decides on the goods and services it purchases, the transfer payments it distributes, or the taxes it collects, it is engaging in fiscal policy. The primary economic impact of any change in the government budget i...
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Fiscal Sustainability
By Laurence J. Kotlikoff
The population of wealthy countries is getting much older. Between 2005 and 2035, the number of elderly in wealthy countries will more than double, but the number of workers will barely change. This historically unprecedented demographic change portends enormous fiscal stresses because of the high and growing cost of m...
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What Economic Research Says About Fiscal Austerity and Higher Tax Rates
Robert P. Murphy
Alberto Alesina on Fiscal Policy and Austerity
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