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ECON for breakfast

Author and Presenter: James Murray, UWL Economics

Title: Regime Switching in Fiscal Debt Targets and Policy Functions in the United States

Forward-looking macroeconomic theory suggests the impact fiscal policy has on the macroeconomy depends on expectations for future fiscal policy behavior. The effects of fiscal policy therefore depend on long-run government debt targets, the degree to which various fiscal policy variables will respond to debt in order to balance the long-run government budget constraint, and the degree to which fiscal policy variables react to stabilize economic conditions.  He will examine evidence for switching in fiscal policy behavior in the United States along these dimensions.  He estimates fiscal policy behavior equations for government expenditures, taxes, transfers, and deficits, allowing each to have stabilizing responses to economic conditions and debt-servicing responses to lagged government debt. 

This event is open to the public.

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Student success

When

Past occurrences (1)

  • 8:45 to 9:45 a.m. Wednesday, Nov. 29, 2017

Where

3130 Student Union

UWL campus map for building location and nearby parking lots.

University of Wisconsin-La Crosse 3130 Student Union

Contact

For questions about this event or to request disability accommodations , contact Mary Hamman at 608.785.6860 or mhamman@uwlax.edu.

Parking

Payment may be required. No permit?
Use Passport Parking.

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