The non-partisan Congressional Budget Office (CBO) forecasts a budget deficit
The impact of budget cuts on the trade deficit is difficult to measure precisely--studies find that every $100 in budget deficit
reduction yields from $20 to $50 in trade deficit reduction.
The second group of studies has addressed the issue of sustainability of budget deficits
by examining the long-run relationship between government revenues and expenditures using the cointegration methodology.
Based upon Hoeischer [10; 11], as well as the standard loanable funds model, it is argued that R is an increasing function of both expected inflation and the real budget deficit
But it's a mistake to confuse improved coverage of business affairs with intelligent coverage of national economic issues, like inflation or the budget deficit
This country has never seen a tax increase result in a reduced budget deficit
For Germany, the fact that the ECOFIN suspended in late 2003 the limits on budget deficits
contained in the Maastricht Treaty is a very positive development.
This note examines Granger causality between budget deficits
and interest rates in a multivariate framework by applying Hsiao's version [Hsiao, JME, January 1981] of the Granger causality method with the aid of cointegration to U.
One of the most important of these problems is the prospect for federal budget deficits
to begin rising once again as we move into the next century.