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Long-Term Growth of the U.S. Economy: Significance, Determinants, and Policy

Description: The rate of long-term economic growth is the salient measure of the nation's ability to steady advance its material living standard. The pace of long-term economic growth is likely to be a center of attention in the decades just ahead, as the U.S. economy confronts the need to undertake unprecedentedly large generational transfers of income to pay for the retirement of the huge baby-boom generation as well as large transfers to the rest of the world to meet the debt service costs of the United States' large and still growing foreign debt.
Date: May 25, 2006
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department

The Size and Role of Government: Economic Issues

Description: The appropriate size and role of the government is one of the most fundamental and enduring debates in American politics. What role does the state play in economic activity? How is the economy affected by government intervention? Many of the arguments surrounding the proper size of government are economic in nature, and they will be discussed in this report.
Date: July 1, 2009
Creator: Labonte, Marc
Partner: UNT Libraries Government Documents Department

Monetary Policy: Current Policy and Conditions

Description: Monetary policy can be defined broadly as any policy relating to the supply of money. Monetary policy can have important effects on aggregate demand and through it on real Gross Domestic Product (GDP), unemployment, real foreign exchange rates, real interest rates, the composition of output, etc., all of which are short-term effects. Over the longer run, the major effect of monetary policy is on the rate of inflation. A growing money supply is important for the subsequent growth in money spending or aggregate demand. The Federal Reserve executes monetary policy by setting a target for an overnight interest rate called the federal funds rate. Changes in the federal funds rates affect primarily short-term interest rates, and through these changes, money spending.
Date: August 21, 2006
Creator: Labonte, Marc & Makinen, Gail E.
Partner: UNT Libraries Government Documents Department

Monetary Policy: Current Policy and Conditions

Description: Monetary policy can be defined broadly as any policy relating to the supply of money. Monetary policy can have important effects on aggregate demand and through it on real Gross Domestic Product (GDP), unemployment, real foreign exchange rates, real interest rates, the composition of output, etc., all of which are short-term effects. Over the longer run, the major effect of monetary policy is on the rate of inflation. A growing money supply is important for the subsequent growth in money spending or aggregate demand. The Federal Reserve executes monetary policy by setting a target for an overnight interest rate called the federal funds rate. Changes in the federal funds rates affect primarily short-term interest rates, and through these changes, money spending.
Date: July 28, 2006
Creator: Labonte, Marc & Makinen, Gail E.
Partner: UNT Libraries Government Documents Department

The Current Economic Recession: How Long, How Deep, and How Different From the Past?

Description: This report examines the current recession and recessions of the previous three decades in detail. It gives a brief overview of the other post-war recessions. It outlines the fiscal and monetary policy response to each recession. It also looks at theories of why recessions occur. The report concludes by asking the question that many commentators in the news have asked recently: is this recession different from the past?
Date: January 10, 2002
Creator: Labonte, Marc & Makinen, Gail
Partner: UNT Libraries Government Documents Department