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- Working Paper
We investigate the similarity of the country endowments of the newly industrialized East Asian countries and their major developed trading partners since the 1960s.
- Working Paper
This paper describes a stochastic overlapping generations (OLG) model with heterogeneous agents, which is one of five models used at the Congressional Budget Office for recent fiscal policy analyses.
- Report
- Report
The Long-Term Budget Outlook
- Report
- Report
Letter to the Honorable Charles W. Stenholm
- Working Paper
Yield spreads between rates on Treasury nominal and inflation-indexed securities are thought to be distorted measures of expected inflation because of various biases.
- Report
- Report
Testimony before the Committee on the Budget, U.S. House of Representatives
- Report
Testimony before the Committee on the Budget, United States Senate