E6

Alan J Auerbach · Yuriy Gorodnichenko · Daniel Murphy

This paper estimates the distributional and social consequences of Department of Defense (DOD) contract spending using a city-level (CBSA) panel dataset spanning 2005–2016. The research question is …

Andrew B. Abel · Stavros Panageas

Running Primary Deficits Forever in a Dynamically Efficient Economy: Feasibility and Optimality Research Question The paper addresses two questions about government debt rollover. First, a positive …