Addresses tax and fiscal policy.

The Federal Reservemay have to address inflation sooner than it would like in order to avoid reliving the economic problems of the early eighties.

Inflation could climb to double digits, as it was in the early 1980s.

The recent resurgence of federal budget deficits has rekindled debates about the effects of government debt on interest rates. While the effects of government debt on the economy can operate through a number of different channels, many of the recent concerns about federal borrowing have focused on the potential interest...

This report examines the taxation of corporate gains on depreciable business property, an important topic that has received little attention in the economic literature.