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Fiscal Policy Effects in a Heterogeneous-Agent Overlapping-Generations Economy With an Aging Populationworking paper
This paper shows that considering an aging population is important in analyzing long-term policy changes that involve intergenerational transfers.      Options for Reducing the Deficit: Mandatory Spendingblog post
The 23 options related to mandatory spending would generally decrease the amount paid to beneficiaries, redefine the population that is entitled to benefits of various programs, or reduce payments to state and local governments. Remarks on the Budgetblog post
Earlier this week, Director Doug Elmendorf participated in a conference on the budget organized by the Rudman Center at the University of New Hampshire. Monthly Budget Review for November 2013report
The federal government ran a budget deficit of $231 billion for the first two months of fiscal year 2014, $61 billion less than the shortfall recorded in October and November of last year, CBO estimates. |
