Search: CBO
RBA Glossary definition for CBO
CBO – Congressional Budget Office
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References
29 Aug 2014
RDP
2014-02
CBO (Congressional Budget Office) (2001), ‘The Budget and Economic Outlook: An Update’, Report, 1 August. ... Available at <http://www.cbo.gov/sites/default/files/cbofiles/ftpdocs/30xx/doc3019/entirereport.pdf>. CBO (2003), ‘The Budget and Economic
https://www.rba.gov.au/publications/rdp/2014/2014-02/references.html
Appendix A: Measurement of Recent Stimulus
29 Aug 2014
RDP
2014-02
Estimates of recent stimulus legislation by the CBO, by Follette and Lutz and by Blinder and Zandi (2010) (through mid 2010) are similar. ... So the CBO estimates happen to provide a measure of stimulus in 2011 and 2012 that is closer to my purposes.
https://www.rba.gov.au/publications/rdp/2014/2014-02/appendix-a.html
The FRB/US Model
10 Dec 2014
RDP
2014-02
It has also played a prominent role in assessing the consequences of fiscal stimulus (Romer and Bernstein 2009; CBO 2010; Coenen et al 2012), though not in a stochastic setting. ... The CBO (2010, Appendix) compares fiscal multipliers from models like FRB
https://www.rba.gov.au/publications/rdp/2014/2014-02/model.html
The New Regime of Fiscal Activism
29 Aug 2014
RDP
2014-02
As discussed in Appendix B, I subtract the contribution of the alternative minimum tax from the CBO estimates. ... For comparison, the figures also show estimates of a Taylor-type rule, described below, using estimates of the output gap from CBO (2011).
https://www.rba.gov.au/publications/rdp/2014/2014-02/new-regime-fiscal-activism.html
Modelling Countercyclical Fiscal Policy
10 Dec 2014
RDP
2014-02
CBO-based estimates – that is, the sum of the three major acts shown in Figure 2 – are depicted by the red bars. ... I use CBO estimates of the output gap and inflation, and the same Taylor-type rule I use elsewhere.
https://www.rba.gov.au/publications/rdp/2014/2014-02/modelling-countercyclical-fiscal-policy.html