Alan Auerbach

Jan 16, 2025 | nber.org | Alan Auerbach |Danny Yagan

Skip to main content This paper was presented at the Fall 2024 Brookings Papers on Economic Activity conference. We thank Aviva Aron-Dine, Olivier Blanchard, Jan Eberly, Jason Furman, Bill Gale, Marc Goldwein, Bobby Kogan, Chen Lian, Michael Linden, Greg Mankiw, Neil Mehrotra, Valerie Ramey, Jón Steinsson, Larry Summers, Heidi Williams, and other conference participants for comments on previous drafts and Tim Cejka and Sarah Robinson for outstanding research assistance.

Nov 19, 2024 | brookings.edu | Alan Auerbach |Janice Eberly |William G. Gale |Jón Steinsson

Fiscal deficit projections are used by policymakers to understand the trajectory of U.S. debt. Between 1984 and 2003, Congress was responsive to these projections, raising taxes and cutting spending when projections showed that the deficit would grow. However, since 2004, fiscal policy has ceased being responsive to debt projections regardless of the party in power.

Nov 7, 2024 | businesswire.com | Alan Auerbach |Mariann Ohanesian

On Nov. 7, Puma Biotechnology issued its earnings results for 3Q-2024 and hosted a conference call to discuss the details.

Mar 7, 2024 | brookings.edu | Alan Auerbach |William G. Gale

IntroductionIn light of recent economic trends and the most recent Congressional Budget Office projections (CBO 2024), we offer new perspectives on the medium- and long-term fiscal outlook, updating our previous work, most recently in Auerbach and Gale (2023a and 2023b). The basic story is familiar. Low revenues, coupled with rising outlays on health-related programs and Social Security, drive permanent, rising primary deficits as a share of the economy.

Mar 14, 2023 | brookings.edu | Alan Auerbach |William G. Gale

In light of recent economic trends and the most recent Congressional Budget Office projections (CBO 2023), we offer new perspectives on the medium- and long-term fiscal outlook, updating our previous work, most recently in Auerbach and Gale (2022). The basic story is familiar. Low revenues coupled with rising outlays on health-related programs and Social Security drive permanent, rising primary deficits as a share of the economy.