The Fiscal Future by N. Gregory Mankiw published by NBER (2025) “…The topic I would like to talk about today was close to Marty’s heart: the stance of fiscal policy and the path of government debt. Throughout his career,…
What do budget deficits do? by Laurence Ball and N. Gregory Mankiw published by NBER (9/1995). “This paper discusses the effects of budget deficits on the economy in four steps. First, it reviews standard theory about how budget deficits…