政府预算赤字-预期和影响The Government Budget -Prospects and Implications.pptVIP

政府预算赤字-预期和影响The Government Budget -Prospects and Implications.ppt

  1. 1、原创力文档(book118)网站文档一经付费(服务费),不意味着购买了该文档的版权,仅供个人/单位学习、研究之用,不得用于商业用途,未经授权,严禁复制、发行、汇编、翻译或者网络传播等,侵权必究。。
  2. 2、本站所有内容均由合作方或网友上传,本站不对文档的完整性、权威性及其观点立场正确性做任何保证或承诺!文档内容仅供研究参考,付费前请自行鉴别。如您付费,意味着您自己接受本站规则且自行承担风险,本站不退款、不进行额外附加服务;查看《如何避免下载的几个坑》。如果您已付费下载过本站文档,您可以点击 这里二次下载
  3. 3、如文档侵犯商业秘密、侵犯著作权、侵犯人身权等,请点击“版权申诉”(推荐),也可以打举报电话:400-050-0827(电话支持时间:9:00-18:30)。
  4. 4、该文档为VIP文档,如果想要下载,成为VIP会员后,下载免费。
  5. 5、成为VIP后,下载本文档将扣除1次下载权益。下载后,不支持退款、换文档。如有疑问请联系我们
  6. 6、成为VIP后,您将拥有八大权益,权益包括:VIP文档下载权益、阅读免打扰、文档格式转换、高级专利检索、专属身份标志、高级客服、多端互通、版权登记。
  7. 7、VIP文档为合作方或网友上传,每下载1次, 网站将根据用户上传文档的质量评分、类型等,对文档贡献者给予高额补贴、流量扶持。如果你也想贡献VIP文档。上传文档
查看更多
政府预算赤字-预期和影响The Government Budget -Prospects and Implications

The Government Budget: Prospects and Implications, Professor Andrew Abel The Government Budget: Prospects and Implications Andrew B. Abel March 13, 2000 National Saving and Wealth Income Statement Concepts Output: Y = C + I + G + NX National Saving: S = Y - C - G = I + NX Balance Sheet Concept National Wealth = domestic capital stock + net foreign assets Link Between Balance Sheet and Income Statement National Saving = Growth of National Wealth S = I + NX I = growth of domestic capital stock NX = growth of net foreign assets Capital Gains and Saving Capital gain for an individual Increases current income If not spent: Increases current saving Increases wealth at end of year Capital gain can increase current and/or future consumption of individual Capital Gain in Closed Economy: National Perspective S = I If add capital gain to national output, Y S would increase Would have to add capital gain to I But I is intended to measure gross capital formation, which affects capacity to produce and consume in future Source of Capital Gains Increase in dividend, current or future Reflects increase in current or future output Decrease in r Does not reflect increased current or future output Bubble Unrelated to current or future output Capital Gains: Individual vs. National Increase ability of individual to consume May not affect ability of nation to consume Example: Stock market bubble Increases wealth of individual owners Does not increase ability of nation as a whole to consume U.S. National Saving, 1999-III Source: Survey of Current Business, February 2000. Gross Government Saving 1999-III Source: Survey of Current Business, February 2000. Discretionary Outlays under Alternative Versions of Baseline Source: CBO, The Economic and Budget Outlook: Fiscal Years 2001-2010, Figure 4-3, p. 80. Budget Outlook under Current Policies Source: CBO, The Economic and Budget Outlook: Fiscal Years 2001-2010, Summary Table

文档评论(0)

gooddoc + 关注
实名认证
文档贡献者

该用户很懒,什么也没介绍

1亿VIP精品文档

相关文档