THE ANALYSIS OF FISCAL POLICY based on neoclassical micro models has been an area
of active research in recent years. The most recent research has extended earlier static and …

For this session on" Recent Developments in Analyzing Fiscal Policy" we can all thank the
Reagan administration, which has provided us with so much raw material for analysis. Not …

This paper examines the relative efficacy of cuts in government spending on goods and
services and increases in taxation as tools for augmenting national saving—an issue related …

The availability of data that provide detail about the income and wealth status of American
households has enabled researchers during the last several I years to more carefully …