Monetary policy: an interpretation of 1994, a challenge for 1995

A perspective on the Federal Reserve's policy moves in 1994 to maintain the desired rate of monetary growth in the face of other rising market interest rates and a suggestion that the Fed adopt formal multiyear commitments to specific inflation objectives to enhance its credibility and allow it to focus on long-term objectives.Interest rates ; Monetary policy

Federal credit and insurance programs: beyond the deficit diversion

An examination of the budgetary and economic effects of federal credit and insurance programs, highlighting the problems inherent in making federal budget deficits the centerpiece of fiscal decisionmaking.Credit ; Budget deficits

Some fiscal advice for the new government: don't let the sun go down on BEA

A contention that the federal government's deficit reduction efforts would be greatly aided by extending the Budget Enforcement Act of 1990 through 1996, maintaining distinctions among different categories of discretionary spending, and introducing caps on mandatory expenditures.Budget deficits

An ebbing tide lowers all boats: monetary policy, inflation, and social justice

An argument that attempting to alleviate the burden of unemployment on the less affluent through expansionary monetary policy may hurt the clientele it is supposed to serve if, ultimately, the policy leads to higher long-run rates of inflation.Monetary policy ; Inflation (Finance) ; Unemployment

The Southeast Economy: As Goes the Nation?

So what of the Southeast economy? Are we doing better than, the same as, or worse than the U.S. economy as a whole?Southeast economy, southeast, economy, employment, sales, revenue

Back to the future: prospective deficits through the prism of the past

A look at the Clinton administration's first piece of budget legislation--the Omnibus Budget Reconciliation Act of 1993 (OBRA93)--showing that although it appears to be more successful than OBRA90, its Bush administration predecessor, it may still be subject to the same type of unanticipated "technical" problems that undermined the earlier legislation.Budget deficits

An overview of the Clinton budget plan

An investigation of the allocative consequences of resource shifts that would result if the Clinton administration's budget plan is adopted, examining the timing and composition of both net outlay cuts and net revenue increases represented in the budget proposal, as well as the generational impact of each.Budget ; Fiscal policy

Growth and the internet: surfing to prosperity?

Do countries that inhibit the quick integration of new technologies pay a price in slower economic growth? This commentary suggests they do. Focusing on the level of Internet use to indicate the absorption rate of emerging computer technologies, the authors argue that faster technology absorption leads to increased economic growth.Internet ; Technology ; Economic development

The Budget Reconciliation Act of 1993: a summary report

A summary of the administration's final budget bill that was enacted in summer 1993, highlighting the changes in the scope and timing of deficit reductions and in the amount and distribution of revenue increases.Omnibus Budget Reconciliation Act of 1993 ; Fiscal policy

Rana aurora

Number of Pages: 4Integrative BiologyGeological Science