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Budget Deficits

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The New Palgrave Dictionary of Economics

Abstract

This article describes alternative measures of the federal budget deficit, discusses traditional and non-traditional channels through which deficits can affect the economy, and summarizes research on the effects of deficits on national saving and interest rates.

This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume

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  1. http://link.springer.com/referencework/10.1007/978-1-349-95121-5

    William G. Gale

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  1. William G. Gale
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    Gale, W.G. (2008). Budget Deficits. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_1921-1

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    • DOI: https://doi.org/10.1057/978-1-349-95121-5_1921-1

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    • Publisher Name: Palgrave Macmillan, London

    • Online ISBN: 978-1-349-95121-5

    • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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