A Note on Government Budgets

Authors

Ben L. Kyer, Francis Marion UniversityFollow
Gary E. Maggs, St. John Fisher UniversityFollow

Document Type

Article

Publication Date

Fall 2005

Abstract

The standard pedagogical examination of government budgets includes the distinction between cyclical and structural deficits and surpluses and changes thereof. This paper extends the regular classroom analysis and graphically demonstrates that cyclical changes in the government budget can be decomposed and stated as the summation of the expenditure effect and the revenue effect.

Comments

Copyright © 2005, The American Economist

Publication Information

Kyer, Ben L. and Maggs, Gary E. (2005). "A Note on Government Budgets." The American Economist 49.2, 87-89.

Please note that the Publication Information provides general citation information and may not be appropriate for your discipline. To receive help in creating a citation based on your discipline, please visit http://libguides.sjfc.edu/citations.