From Deficit Delusion to the Fiscal Balance Rule: Looking for an Economically Meaningful Way to Assess Fiscal Policy

Laurence J. Kotlikoff, Laurence J. Kotlikoff & Willi Leibfritz
Published Date
Copyright 1999
ISBN 0-226-03213-2
Generational Accounting around the World
Book: Generational Accounting around the World
Book editors: Alan J. Auerbach, Laurence J. Kotlikoff & Willi Leibfritz
PUBLISHER: University of Chicago Press
Download Purchase Book

Published From Paper

From Deficit Delusion to the Fiscal Balance Rule: Looking For an Economically Meaningful Way to Assess Fiscal Policy
- Working Paper
Notwithstanding its widespread use as a measure of fiscal policy, the government deficit is not a well-defined concept...

More from NBER

In addition to working papers, the NBER disseminates affiliates’ latest findings through a range of free periodicals — the NBER Reporter, the NBER Digest, the Bulletin on Retirement and Disability, the Bulletin on Health, and the Bulletin on Entrepreneurship — as well as online conference reports, video lectures, and interviews.

2024, 16th Annual Feldstein Lecture, Cecilia E. Rouse," Lessons for Economists from the Pandemic" cover slide
2024, 16th Annual Feldstein Lecture, Cecilia E. Rouse," Lessons for Economists from the Pandemic"
  • Feldstein Lecture
Cecilia Rouse, president of the Brookings Institution and a professor at Princeton University, who chaired the Council...
2024 Methods Lecture, Susan Athey, "Analysis and Design of Multi-Armed Bandit Experiments and Policy Learning"
2024 Methods Lecture, Susan Athey, "Analysis and Design of Multi-Armed Bandit Experiments and Policy Learning"
  • Methods Lectures
Background Materials:backgroundAthey, Susan, Undral Byambadalai, Vitor Hadad, Sanath Kumar Krishnamurthy, Weiwen Leung...
2024, Economics of Social Security Panel, "Earnings Inequality and Payroll Tax Revenues"
2024, Economics of Social Security Panel, "Earnings Inequality and Payroll Tax Revenues"
  • Panel Discussion