WORKING PAPER | Authors examine large public financial flows that are both progressive and regressive, and construct tax and transfer programs that could be more beneficial for all.

WORKING PAPER | The U.S. national income and product accounts are restated in the form of a social accounting matrix or SAM.

WORKING PAPER | In the United States, there is ongoing debate about how people of different income levels will be affected by policy decisions.

WORKING PAPER | A simple model illustrates interactions between the "primary" fiscal deficit (total deficit minus interest payments), economic growth, and debt.

POLICY NOTE | Economic policy debate in the United States and other developed economies has been dominated by talk of lowering fiscal deficits through spending reductions.