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- Working Paper
This paper describes how CBO uses a Bayesian vector autoregression method to generate alternative economic projections to the agency’s baseline.
- Working Paper
On a present-value basis, CBO estimates that long-term fiscal effects of Medicaid spending on children could offset half or more of the program’s initial outlays, depending on sets of reasonable parameter values.
- Working Paper
This paper provides evidence that supply disruptions, low economic slack, and the interaction of restrained supply with low slack each amplify the effects of expansionary fiscal policies on inflation.
- Working Paper
CBO used a general-equilibrium, overlapping-generations model to analyze the economic and distributional implications of five illustrative single-payer health care systems. The working paper builds on previous CBO studies about single-payer health care systems.
- Working Paper
CBO uses the budgetary feedback model (BFM) to estimate how changes in the macroeconomy might affect the federal budget. This paper describes how the BFM is constructed, how it is used in CBO's dynamic analyses, and the model's limitations.
- Working Paper
This working paper describes the methods and calculations CBO used in its August 2015 baseline projections to estimate the effects of the Affordable Care Act on the labor market.
- Working Paper
This paper asks: What models do economists use to estimate the fiscal multiplier (for proposed changes in taxes and government spending)? Why do estimates of it vary widely? And how can economists use those estimates to analyze U.S. economic policy?
- Working Paper
This paper reviews CBO’s estimates of the effects of changes in federal deficits on national saving and private domestic investment.
- Working Paper
Review of Estimates of the Frisch Elasticity of Labor Supply
- Working Paper
A Review of Recent Research on Labor Supply Elasticities