Fiscal Deficits and Interest Rates in the United States: An Empirical Analysis, 1960-84 (Deficits budgetaires et taux d'interet aux Etats-Unis: analyse empirique, 1960-84) (El deficit fiscal y las tasas de interes en Estados Unidos: Un analisis empirico, 1960-84)

1985 ◽  
Vol 32 (4) ◽  
pp. 551 ◽  
Author(s):  
Vito Tanzi
Keyword(s):  
United States ◽  
Interest Rates ◽  
Empirical Analysis ◽  
The United States ◽  
Fiscal Deficits

Inflation Inequality: Measurement, Causes, and Policy Implications

2021 ◽  
Vol 13 (1) ◽  
Author(s):  
Xavier Jaravel
Keyword(s):  
United States ◽  
Income Distribution ◽  
Interest Rates ◽  
Optimal Taxation ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
The United States ◽  
Policy Implications ◽  
Annual Review ◽  
Publication Date

Does inflation vary across the income distribution? This article reviews the growing literature on inflation inequality, describing recent advances and opportunities for further research in four areas. First, new price index theory facilitates the study of inflation inequality. Second, new data show that inflation rates decline with household income in the United States. Accurate measurement requires granular price and expenditure data because of aggregation bias. Third, new evidence quantifies the impacts of innovation and trade on inflation inequality. Contrary to common wisdom, empirical estimates show that the direction of innovation is a significant driver of inflation inequality in the United States, whereas trade has similar price effects across the income distribution. Fourth, inflation inequality and non-homotheticities have important policy implications. They transform cost-benefit analysis, optimal taxation, the effectiveness of stabilization policies, and our understanding of secular macroeconomic trends—including structural change, the decline in the labor share and interest rates, and labor market polarization. Expected final online publication date for the Annual Review of Economics, Volume 13 is August 2021. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.

scholarly journals United States and China: One evidence of the changing global geopolitical environment

2021 ◽  
Vol 3 (5) ◽  
pp. 6-16
Author(s):  
Ruth Ortiz ◽  
Eusebio Ortiz Zarco ◽  
Gerardo Suárez Barrera
Keyword(s):  
United States ◽  
Empirical Analysis ◽  
21St Century ◽  
International System ◽  
The United States ◽  
Research Paper ◽  
Economic Indicators ◽  
The World

This research paper examines the commercial and monetary interdependence that has been built during the period 1990 - 2018 between two main economies of the world; this is an empirical analysis, based on a statistical scrutiny of economic indicators and Granger causalty tests. The result is a contribution to the understanding of the 21st century bundled international system, characterized by a changing global geopolitical environment, where the United States and China are the main actors.  

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