The United States economy : performance and issues / by a staff headed by Yusuke Horiguchi, Charles Adams, Krister Andersson, A. Lans Bovenberg, Bankim Chadha, Daniel Citrin, David T. Coe, Sharmini Coorey, Robert Corker, Liam P. Ebrill, Owen Evans, Steven M. Fries, Lloyd Kenward, Ellen M. Nedde.

Preface, iii -- Chapter 1. Overview / Yusuke Horiguchi, Liam P. Ebrill, and Charles Adams, 1 -- Part I. National savings and public policy -- Chapter 2. National and personal saving: measurement and analysis of recent trends / A. Lans Bovenberg and Owen Evans, 19 -- Chapter 3. Tax policy and national saving: a survey / A. Lans Bovenberg, 52 -- Chapter 4. National savings and targets for the Federal Budget Balance / Owen Evans, 77 -- Chapter 5. Social security, demographic trends, and the Federal Budget / Liam P. Ebrill, 116 -- Chapter 6. Some microeconomics of fiscal deficit reductions: the case of tax expenditures / Liam P. Ebrill, 143 -- Chapter 7. Investment in housing: a portfolio approach to effects of changes in tax policy / Krister Andersson, 170 -- Chapter 8. Fiscal and Economic Impact of Federal Credit Programs / Steven M. Fries, 192 -- Part II. Other domestic macroeconomic issues and medium-term outlook, 221 -- Chapter 9. Tax Policy and Business Investment: Evidence from the 1980s / Robert Corker, Owen Evans, and Lloyd Kenward, 221 -- Chapter 10. A system's approach to estimating the natural rate of unemployment and potential output for the United States / Charles Adams and David T. Coe, 252 -- Chapter 11. The Determinants of U.S. real interest rates in the long run / Sharmini Coorey, 314 -- Part III. Monetary and financial issues, 357 -- Chapter 12. Broad money growth and inflation / Liam P. Ebrill and Steven M. Pries, 357 -- Chapter 13. An expensive thrift industry / Steven M. Fries, 373 -- Part IV. Current account adjustment and the exchange rate, 399 -- Chapter 14. A dynamic error-correction model of the U.S. current account / Ellen M. Nedde, 399 -- Chapter 15. The recent behavior of U.S. trade prices / Daniel Citrin, 445 -- Chapter 16. Structural models of the dollar / Charles Adams and Bankim Chadha, 461 -- Part V. Structural issues, 499 -- Chapter 17. The U.S. health care industry: performance and issues / Liam P. Ebrill, 499 -- Chapter 18. Implications of integrating U.S. corporate and individual income taxes / Krister Andersson, 531 -- Chapter 19. Developments in federal-state-local fiscal relations: implications for infrastructure investment and education / Liam P. Ebrill, 574.