US science budget: Deficit-cutting means freeze

Budget Deficit Mythology

Speculations About the Speculation _ David t Beers / itt t^ r\ 11

Optimal Budget Deficit Rules

This paper discusses the problem of the optimal determination of budget deficit limits in cases where the fiscal authority wishes to keep the budget deficit close to a reference value. It is assumed that the fiscal authority minimizes the expected discounted value of squared deviations from the reference value. Lump-sum and proportional intervention costs are considered. This paper is also an e...

Freeze-cutting of density gradients.

There are numerous techniques for sampling density gradients in experiments involving the preparative ultracentrifuge. Among the sampling procedures used are: drawing liquid samples from the top of the density gradient with modified pipettes (J. B. Sinclair et al., Phytopathology 47:372, 1957), displacement through the top of the density gradient (E. Huff, H. Oxley, and C. S. Silverman, J. Bact...

Policy Punctuations : US Budget

Public Goods and Budget Deficit

We examine incentive-compatible mechanisms for fair financing and efficient selection of a public budget (or public good). A mechanism selects the level of the public budget and imposes taxes on individuals. Individuals’ preferences are quasilinear. Fairness is expressed as weak monotonicity (called scale monotonicity) of the tax imposed on an individual as a function of his benefit from an inc...