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- Working Paper
We estimate the marginal propensity to consume (MPC) out of permanent and transitory shocks to house price appreciation.
- Presentation
CBO Director Doug Elmendorf's presentation to The Group of Thirty
- Presentation
CBO Director Doug Elmendorf's presentation to the American Association for Budget and Program Analysis
- Presentation
CBO Director Doug Elmendorf's presentation to the Association for Public Policy Analysis and Management
- Working Paper
This paper is intended to be pedagogical rather than a presentation of original research.
- Working Paper
This paper describes the infinite-horizon general equilibrium model that, among other models, CBO uses for its analysis of the President's budgetary proposals.
- Report
The federal government supports infrastructure investment in a variety of ways. It spends money directly, makes grants to state and local governments for their capital spending and, through the tax system, subsidizes the borrowing of both of those levels of government as well as certain private entities to finance infrastructure projects.
- Presentation
CBO Director Doug Elmendorf's presentation to the National Economists Club
- Report
Measuring the Effects of the Business Cycle on the Federal Budget: An Update
- Data and Technical Information
These spreadsheets reflect CBO's estimates, assumptions, and projections at the time the associated publication was released; that is, the spreadsheets are not continuously updated.