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Putting an accurate price tag on government credit support by Deborah Lucas published by VOXEU (12/2014). “…This column presents new evidence on the costs of government credit support. It argues that government tend to understate credit costs and the…

Credit policy as fiscal policy by Deborah Lucas (11/2014). “The effects of federal credit policies are rarely prominent in discussions of fiscal policy, perhaps because official estimates of the cost of federal credit assistance tend to be small…The paper…

Us public finances: Just how high can trees grow? by Jean-Marc Lucas. In this article, Jean-Marc looks at the scope and probable duration of the deterioration in US public finances, before examining the risks it creates for the US…