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Macroeconomic and welfare costs of U.S. fiscal imbalances /

In this paper we use a general equilibrium model with heterogeneous agents to assess the macroeconomic and welfare consequences in the United States of alternative fiscal policies over the medium-term. We find that failing to address the fiscal imbalances associated with current federal fiscal polic...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Gruss, Bertrand (Author), Torres, José L. (Author)
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.] : International Monetary Fund, ©2012.
Series:IMF working paper ; WP/12/38.
Subjects:
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