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Government Spending and Budget Deficits in the 1980s: A Personal View

  • Martin Feldstein

This paper, which was written as part of the NBER project on American economic policy in the 1980s, examines the changes in government spending and budget deficits during the decade. The paper analyzes why the deficit increased substantially and looks at the policy options for reducing the deficit that were considered. The paper discusses the period when the author was a member of the Administration in greater detail than other years in the 19805 and seeks to explain why the policy choices evolved as they did.

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File URL: http://www.nber.org/papers/w4324.pdf
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 4324.

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Date of creation: Apr 1993
Date of revision:
Publication status: published as Feldstein, Martin (ed.) American Economic Policy in the 1980s. Chicago: University of Chicago Press, 1994.
Handle: RePEc:nbr:nberwo:4324
Note: PE EFG
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National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.

Phone: 617-868-3900
Web page: http://www.nber.org
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  1. Feldstein, Martin S, 1973. "The Welfare Loss of Excess Health Insurance," Journal of Political Economy, University of Chicago Press, vol. 81(2), pages 251-80, Part I, M.
  2. Martin Feldstein, 1993. "Tax Policy in the 1980s: A Personal View," NBER Working Papers 4323, National Bureau of Economic Research, Inc.
  3. Feldstein, Martin & Horioka, Charles, 1980. "Domestic Saving and International Capital Flows," Economic Journal, Royal Economic Society, vol. 90(358), pages 314-29, June.
  4. Feldstein, Martin & Friedman, Bernard, 1977. "Tax subsidies, the rational demand for insurance and the health care crisis," Journal of Public Economics, Elsevier, vol. 7(2), pages 155-178, April.
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