Publications

Policy Note 1999/4 | April 1999

Can Goldilocks Survive?

Growing government budget surpluses combined with growing trade deficits have generated record private sector deficits. Unless households continue to reduce their saving—creating an increasingly unsustainable debt burden—the impetus that has driven the expansion will evaporate.


Publication Highlight

Research Project Reports
Public Service Employment
A Path to Full Employment
Author(s): L. Randall Wray, Flavia Dantas, Scott Fullwiler, Pavlina R. Tcherneva, Stephanie A. Kelton
April 2018

Quick Search

Search in: