A Brief Explanation of the Purpose and Use of Fiscal Notes
Title | A Brief Explanation of the Purpose and Use of Fiscal Notes PDF eBook |
Author | |
Publisher | |
Pages | 4 |
Release | 1963 |
Genre | Finance, Public |
ISBN |
Use of Fiscal Notes in the Western States
Title | Use of Fiscal Notes in the Western States PDF eBook |
Author | Herbert Sydney Duncombe |
Publisher | |
Pages | 42 |
Release | 1972 |
Genre | Finance, Public |
ISBN |
Fiscal Notes
Title | Fiscal Notes PDF eBook |
Author | Oregon. Legislative Assembly. Legislative Fiscal Committee |
Publisher | |
Pages | 8 |
Release | 1964 |
Genre | Legislation |
ISBN |
The Fiscal Theory of the Price Level
Title | The Fiscal Theory of the Price Level PDF eBook |
Author | John H. Cochrane |
Publisher | Princeton University Press |
Pages | 585 |
Release | 2023-01-17 |
Genre | Business & Economics |
ISBN | 0691243247 |
A comprehensive account of how government deficits and debt drive inflation Where do inflation and deflation ultimately come from? The fiscal theory of the price level offers a simple answer: Prices adjust so that the real value of government debt equals the present value of taxes less spending. Inflation breaks out when people don’t expect the government to fully repay its debts. The fiscal theory is well suited to today’s economy: Financial innovation undermines money demand, and central banks don’t control the money supply or aggressively change interest rates, invalidating classic theories, while large debts and deficits threaten inflation and constrain monetary policy. This book presents a comprehensive account of this important theory from one of its leading developers and advocates. John Cochrane aims to make fiscal theory useful as a conceptual framework and modeling tool, and for analyzing history and policy. He merges fiscal theory with standard models in which central banks set interest rates, giving a novel account of monetary policy. He generalizes the theory to explain data and make realistic predictions. For example, inflation decreases in recessions despite deficits because discount rates fall, raising the value of debt; specifying that governments promise to partially repay debt avoids classic puzzles and allows the theory to apply at all times, not just during periods of high inflation. Cochrane offers an extensive rethinking of monetary doctrines and institutions through the eyes of fiscal theory, and analyzes the era of zero interest rates and post-pandemic inflation. Filled with research by Cochrane and others, The Fiscal Theory of the Price Level offers important new insights about fiscal and monetary policy.
How Our Laws are Made
Title | How Our Laws are Made PDF eBook |
Author | John V. Sullivan |
Publisher | |
Pages | 72 |
Release | 2007 |
Genre | Government publications |
ISBN |
Congressional Record
Title | Congressional Record PDF eBook |
Author | United States. Congress |
Publisher | |
Pages | 1316 |
Release | 1966 |
Genre | Law |
ISBN |
The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)
The Judical Branch
Title | The Judical Branch PDF eBook |
Author | Cambridge Educational (Firm) |
Publisher | |
Pages | |
Release | 2009-10-28 |
Genre | Education |
ISBN | 9781616160234 |
September 24th, 1789 - the First United States Congress establishes the basic structure of the Federal Judiciary. With this act, the American legal system becomes an entity entwined with our fundamental notions of democracy and fair government, equal in power and authority to the Executive and Legislative branches. This program guides viewers through the history of the Judiciary and illustrates how it works in theory and practice. Topics include the main purposes of the Judicial branch - specifically, interpreting the law, determining if laws are unconstitutional, and applying the law to individual cases; the various divisions and levels of courts, such as lower, appellate, and specialized courts; the unique powers of the Supreme Court; summaries of famous Supreme Court cases; and more.