Do Culture Prevent Slack in Your Budget?

Do you Recommend an Interdisciplinary Field to Your Graduate Student?

Commentary: What Do Budget Deficits Do?

The title of Ball and Mankiw’s paper asks: What Do Budget Deficits Do? One answer to that question is a restatement on the pure theory of debt-financed budget deficits. An alternative answer would develop the effects on the U.S. or world economies on the assumption that the U.S. federal government balances its budget by reducing spending, instead of raising tax rates, or running deficits equal ...

Commentary: What Do Budget Deficits Do?

Public debt and budget deficits arouse great concern. Households, financiers, and social scientists expend great energy on this topic. While there are many dimensions to the problem, I would tend to organize my thoughts around three main questions. First, there is definition and measurement. What are the constituents of the deficit? Issues such as contingent liabilities, unfunded liabilities, c...

Why your budget doesn't add up.

The effect of the budget slack creation and budget internal control by managers on maximization of utility function in budgetary participation

When evaluating of the senior manager’s performance is based on the achieving to budget and they have responsibility to report the capacity of resources which are in their part too; it is possible to create budget slack and effect on their performance evaluation by providing pessimistic and conservatively estimates or manipulated information of income and expenses. So, Senior Manager and Budget...