Measuring U.S. Fiscal Capacity using Discounted Cash Flow Analysis
收藏NBER2022-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w29902
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资源简介：
We use discounted cash flow analysis to measure a country's fiscal capacity. Crucially, the discount rate applied to projected cash flows includes a GDP risk premium. We apply our valuation method to the CBO's projections for the U.S. federal government's deficit between 2022 and 2051 and debt in
提供机构：
美国国家经济研究局
创建时间：
2022-04-01
