ENGLISH

The United States Economy Performance and Issues

By Yusuke Horiguchi

Book information

Publisher
International Monetary Fund
Year
1999
ISBN
1557752311, 9781557752314
Language
english
Format
PDF
Filesize
18 MB (19190481 bytes)
Edition
illustrated
Pages
599\612
Time added
2021-06-28 12:58:02

Description

This book examines U.S. economic policy and performance in the 1980s, during which the United States enjoyed its longest peacetime expansion. Notwithstanding the buoyant growth and declines in inflation, the economy experienced low savings, current account deficits, swings in the dollar exchange rate, and structural problems—relating to the strength of financial institutions, the tax system, health care, and productivity. Cover Title Page Copyright Page Table of Contents Preface Chapter 1. Overview Part I. National Savings and Public Policy Chapter 2. National and Personal Saving: Measurement and Analysis of Recent Trends Chapter 3. Tax Policy and National Saving: A Survey Chapter 4. National Savings and Targets for the Federal Budget Balance Chapter 5. Social Security, Demographic Trends, and the Federal Budget Chapter 6. Some Microeconomics of Fiscal Deficit Reductions: The Case of Tax Expenditures Chapter 7. Investment in Housing: A Portfolio Approach to Effects of Changes in Tax Policy Chapter 8. Fiscal and Economic Impact of Federal Credit Programs Part II. Other Domestic Macroeconomic Issues and Medium-Term Outlook Chapter 9. Tax Policy and Business Investment: Evidence from the 1980s Chapter 10. A System's Approach to Estimating the Natural Rate of Unemployment and Potential Output for the United State Chapter 11. The Determinants of U.S. Real Interest Rates in the Long Run Part III. Monetary and Financial Issues Chapter 12. Broad Money Growth and Inflation Chapter 13. An Expensive Thrift Industry Part IV. Current Account Adjustment and the Exchange Rate Chapter 14. A Dynamic Error-Correction Model of the U.S. Current Account Chapter 15. The Recent Behavior of U.S. Trade Prices Chapter 16. Structural Models of the Dollar Part V. Structural Issues Chapter 17. The U.S. Health Care Industry: Performance and Issues Chapter 18. Implications of Integrating U.S. Corporate and Individual Income Taxes Chapter 19. Developments in Federal-State-Local Fiscal Relations: Implications for Infrastructure Investment and Education Back Cover

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