This paper empirically and theoretically analyzes the effect of debt reductions that reduce long-term but not short-term obligations. Isolating the effect of future…
Peter Orszag, Robert Greenstein
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February 16, 2004
BABC 04-16: As the baby boomer generation nears retirement, policy-makers seem to be increasingly focusing on the nation’s system of tax-preferred retirement savings.…
W98-7: Due to the financing mechanisms currently available, homeowners tend to have too much of their portfolios invested in their homes and institutional investors have…