Restoring America's fiscal constitution /

This book proposes new fiscal rules to address the debt crisis, including a balanced budget amendment and a deficit-debt brake. It estimates the impact of the proposed rules on the economy over the next two decades.

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Bibliographic Details
Main Authors: Merrifield, John D
Group Author: Poulson, Barry Warren, 1937
Published: Lexington Books,
Publisher Address: Lanham, Maryland :
Publication Dates: [2017]
Literature type: Book
Language: English
Subjects:
Summary: This book proposes new fiscal rules to address the debt crisis, including a balanced budget amendment and a deficit-debt brake. It estimates the impact of the proposed rules on the economy over the next two decades.
Carrier Form: xv, 241 pages : illustrations, forms ; 24 cm
Bibliography: Includes bibliographical references (pages 221-235) and index.
ISBN: 9781498553537 (hardcover) :
1498553532 (hardcover)
9781498553544 (electronic)
1498553540 (electronic)
Index Number: HJ8119
CLC: F817.120
Call Number: F817.120/M569
Contents: Chapter 1; Theoretical Foundations of America's Fiscal Constitution; The Keynesian Revolution; The Monetarist Revolution; Public Choice Perspectives; Chapter 2; A New Era of Fiscal Rules; Expenditure Rules Emerge as the Anchor of a Sound Public Financial Management System; Modeling Debt Brakes in the Monopolist State; Debt Brakes Direct Democracy and Federalism3; The Swiss Debt Brake: The Gold Standard for Fiscal Rules; Direct Democracy, Federalism, and the Swiss Debt brake ; Conclusion; Notes; Chapter 3; Fiscal Rules in Euroland Revisited; A Progress Report on the Fiscal Compact