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- Working Paper
We estimate the marginal propensity to consume (MPC) out of permanent and transitory shocks to house price appreciation.
- Report
Economic and Budget Issue Brief
- 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
- Report
Economic and Budget Issue Brief
- Blog Post
The consumption of fossil fuels and deforestation are producing increasingly large quantities of greenhouse gases, particularly carbon dioxide (CO2). Most experts expect that the accumulation of such gases in the atmosphere will result in a variety of environmental changes over time Although the magnitude and consequences of such developments are highly uncertain, researchers generally conclude that a continued increase in atmospheric concentrations of greenhouse gases would have serious and costly effects.
- Presentation
CBO Director Doug Elmendorf's presentation to the Association for Public Policy Analysis and Management
- Report
This CBO brief describes, in broad terms, the array of federal activities that support housing and the expansion of particular programs.
- 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.