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- Working Paper
This paper presents CBO’s model of business investment, compares it with other models of investment, shows how the model is estimated, and discusses how CBO uses the model to forecast investment.
- Working Paper
The federal government provides grants to state and local governments for their transportation infrastructure. State and local governments use some of those funds to replace funds that they would have provided for such investment.
- Working Paper
This paper examines how a 20 percent depreciation of foreign currencies with respect to the U.S. dollar affects the wealth of U.S. residents and evaluates how that effect would be distributed across U.S. households by income group.
- Working Paper
Describing the methods used to produce CBO’s projections of labor force participation rates, this paper examines the recent trends in the overall and prime-age labor force participation rates and whether those trends persist over 10 years.
- Working Paper
This paper documents CBO’s model of potential output. It describes the data, analytic methods, and modeling framework used to estimate historical values of the components of potential output and to project those values into the future.
- Working Paper
This paper describes how CBO produces its semiannual economic forecast, including background analysis, preliminary forecasts, and internal and external review. It also describes the large-scale macro model used to produce the forecast.