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The 2001 Economic Recession: How Long, How Deep, and How Different From the Past?

Description: From Summary: "This report examines the 2001 recession and the 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."
Date: August 25, 2003
Creator: Labonte, Marc & Makinen, Gail
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

The New Economic Paradigm: Is It New and Is It a Paradigm?

Description: How fast the economy can grow is of interest to Congress for at least three reasons. First, it directly affects the fiscal position of the government. Second, it influences the posture that should be taken by monetary policy, an oversight responsibility of Congress. Third, it influences the growth in the material well-being of Americans, a direct concern of Congress.
Date: January 19, 2001
Creator: Labonte, Marc & Makinen, Gail
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

Does the U.S. Serve as the World Economy's Engine of Growth?

Description: This report examines three fundamental points implicit in the "engine of growth" argument. First, it questions whether the current account deficit is caused by strong U.S. growth and weak foreign growth. Second, it examines whether foreign growth is dependent on U.S. imports and the maintenance of a large U.S. current account deficit. Finally, it reviews the proposition that a U.S. recession would cause a world recession by lowering U.S. import demand. The report concludes that to make the fina… more
Date: February 14, 2001
Creator: Labonte, Marc & Makinen, Gail
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

Energy Independence: Would It Free the United States From Oil Price Shocks?

Description: Over the past 25-years, the U.S. economy has experienced four large oil price shocks (1973-74, 1979-80, 1990-91, and 1999-2000). Each has been a catalyst for discussions about a proper national energy policy. Many analysts have suggested that energy independence should be an integral part of such a policy. Both major party candidates for president in the 2000 election expressed similar views. However, U.S. suppliers of energy participate in the world energy market. So long as prices are determi… more
Date: January 11, 2002
Creator: Labonte, Marc & Makinen, Gail
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

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
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

Energy Independence: Would It Free the United States From Oil Price Shocks?

Description: Over the past 25-years, the U.S. economy has experienced four large oil price shocks (1973-74, 1979-80, 1990-91, and 1999-2000). Each has been a catalyst for discussions about a proper national energy policy. Many analysts have suggested that energy independence should be an integral part of such a policy. Both major party candidates for president in the 2000 election expressed similar views. However, U.S. suppliers of energy participate in the world energy market. So long as prices are determi… more
Date: November 17, 2000
Creator: Labonte, Marc & Makinen, Gail
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

The National Debt: Who Bears Its Burden?

Description: This report discusses the burden of a national debt, the view among economists, the federal budget deficits, and the financial burden that future generations will inherit, a larger privately owned capital stock and a higher level of income.
Date: January 31, 2002
Creator: Labonte, Marc & Makinen, Gail
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

The National Debt: Who Bears Its Burden?

Description: This report discusses the burden of a national debt, the view among economists, the federal budget deficits, and the financial burden that future generations will inherit, a larger privately owned capital stock and a higher level of income.
Date: May 1, 2003
Creator: Labonte, Marc & Makinen, Gail
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

Changing Causes of the U.S. Trade Deficit

Description: The nation’s trade deficit is equal to the imbalance between national investment and national saving. The borrowing needs of the U.S. private sector declined, the public sector borrowing needs increased, and a stable U.S. national saving investment gap continued to be filled by foreign lending as a result. This is largely the result of a few Asian countries purchasing U.S. assets to mitigate or prevent their currencies from appreciating against the dollar.
Date: October 12, 2004
Creator: Labonte, Marc & Makinen, Gail
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

Current Economic Conditions and Selected Forecasts

Description: This report begins with a comprehensive presentation of current economic conditions focusing on income growth, unemployment, and inflation. The posture of monetary and fiscal policy is surveyed as are the forecasts of economic activity. It concludes with data on the factors important for economic growth.
Date: October 17, 2003
Creator: Makinen, Gail & Vorce, Anne
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

The Pattern of Interest Rates: Does it Signal an Impending Recession?

Description: The cyclical behavior of the economy is of great interest to Congress, yet the onset of an economic downturn is seldom recognized promptly. Policymakers frequently search for reliable recession predictors. The behavior of interest rates may provide advanced warning of an impending downturn. The easing of monetary policy in evidence since September 2007 is consistent with efforts to forestall or minimize an economic downturn. Economic growth has been low since the last quarter of 2007, and some … more
Date: May 5, 2008
Creator: Labonte, Marc & Makinen, Gail
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

The Budget Deficit and the Trade Deficit: What Is Their Relationship?

Description: During the last half of the 1990s, real gross domestic investment rose as a fraction of real GDP. This resulted from the rise in U.S. productivity and the related rise in the real yield on U.S. assets. This drew additional private capital from abroad. If the twin deficits theory is correct, it has an adverse implication for the efficacy of fiscal policy as a stimulus tool. It suggests that in an environment of highly mobile international capital flows the effect of policy induced increases in t… more
Date: March 24, 2005
Creator: Labonte, Marc & Makinen, Gail
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

Current Economic Conditions and Selected Forecasts

Description: This report contains information regarding the Current Economic Conditions, Recent Macroeconomic Developments, Posture of Monetary and Fiscal Policy, Summary of Current Developments, Sources of GDP Growth, Economic Forecasts 2001, and Promotion of Economic Growth. The report also presents statistics regarding the Growth Rate of Real GDP v. Final Sales, Civilian Unemployment Rate, Rate of Change in the Consumer Price Index, Rate of Change in the GDP Deflators, Rate of Change in Labor Costs, U.S.… more
Date: March 27, 2003
Creator: Makinen, Gail & Vorce, Anne
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
open access

Current Economic Conditions and Selected Forecasts

Description: This report begins with a comprehensive presentation of current economic conditions focusing on income growth, unemployment, and inflation. The posture of monetary and fiscal policy is surveyed as are the forecasts of economic activity. It concludes with data on the factors important for economic growth.
Date: April 30, 2003
Creator: Makinen, Gail & Vorce, Anne
Item Type: Refine your search to only Report
Partner: UNT Libraries Government Documents Department
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