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Budget Deficits

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The New Palgrave Dictionary of Economics

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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.

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Authors and Affiliations

  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. (2018). Budget Deficits. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_1921

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