Running Deficits : Positives and Pitfalls.

Examines reasons for and pros and cons of running deficits. Provides brief overview of basic public finance theory, benefits and costs of smoothing consumption via deficit finance, political explanations of economic fluctuations, intergenerational transfers, and cost options for financing deficits.

Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2007.
Series:	U.S. Congressional Research.
Subjects:	Business cycles. Economic policy. Finance > Law and legislation. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Examines reasons for and pros and cons of running deficits. Provides brief overview of basic public finance theory, benefits and costs of smoothing consumption via deficit finance, political explanations of economic fluctuations, intergenerational transfers, and cost options for financing deficits.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.