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The Columbia Encyclopedia, Sixth Edition articles from September 2000
With over 51,000 entries The Columbia Encyclopedia (Sixth Edition) is an authoritative and exhaustive reference guide. Each entry is thorough and clear, the result of over 200 editors and academic advisors striving for depth and accuracy in the oldest, most venerable English language encyclopedia in the world.
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The Columbia Encyclopedia, Sixth Edition archives from September 2000
Editors' Summary.
September 22, 2000... THE BROOKINGS PANEL on Economic Activity held its seventieth conference in Washington, D.C., on September 7 and 8, 2000. This issue of Brookings Papers on Economic Activity includes the papers and discussions presented at the conference. The...
Social Security Reform and National Saving in an Era of Budget Surpluses.(Statistical Data Included)
September 22, 2000... THE UNEXPECTED EMERGENCE of federal budget surpluses during the late 1990s, combined with official projections that these surpluses will continue for decades to come, has significantly altered fiscal policymaking. Congressional and...
E-Capital: The Link between the Stock Market and the Labor Market in the 1990s.(Statistical Data Included)
September 22, 2000... OVER THE PAST decade, new technologies based on computer software began to transform the production and distribution of goods and to form the basis of new goods in the U.S. economy. The value of the stock market rose tremendously, with many of...
Real Estate and the Macroeconomy.(Statistical Data Included)
September 22, 2000... IN JULY 1987 MASSACHUSETTS governor Michael Dukakis began his run for the presidency in the midst of what was being called the Massachusetts Miracle, with employment growing rapidly and an unemployment rate of 2.4 percent. An economy that had...
The Economic Consequences of Disappearing Government Debt.(Statistical Data Included)
September 22, 2000... FEDERAL BUDGETARY DEVELOPMENTS in the United States of late have been fast moving and nothing short of outstanding: The latest projections of the Congressional Budget Office (CBO) peg the federal surplus for fiscal year 2000 in excess of $230...
Financial Market Implications of the Federal Debt Paydown.(Statistical Data Included)
September 22, 2000... THE UNITED STATES achieved its third consecutive federal budget surplus--a record $237 billion--in fiscal 2000.(1) This string of surpluses has allowed the Treasury Department to begin to pay off the national debt. After more than tripling from...
The Tax Smoothing Implications of the Federal Debt Paydown.
September 22, 2000... AFTER NEARLY THIRTY straight years of deficit spending, the fiscal position of the U.S. government has experienced a dramatic turnaround. In fiscal years 1998 and 1999, for the first time since the 1950s, the federal government ran back-to-back...
Local Corruption and Global Capital Flows.(Statistical Data Included)
September 22, 2000... THE RESEARCH REPORTED in this paper was inspired by a plane ride I took from China to the United States in 1996. Browsing the newspapers and in-flight magazines, I came across one story about the high level of official corruption in China, and...