Economic Report of the President January 2017 Together With the Annual Report of the Council of Economic Advisers
Autor Council of Economic Advisers (U.S.)en Limba Engleză Paperback – 27 dec 2016 – vârsta de la 14 ani
Do you remember President Barack Obama's economic priorities during his presidency?
The Economic Report of the President is an annual report written by the Chair of the Council of Economic Advisers. An important vehicle for presenting the Administration’s domestic and international economic policies, it provides an overview of the nation's economic progress with text and extensive data appendices. This volume pertains to President Barack Obama administration and reviews the efforts of the Obama Administration to ensure economic growth among all American families. This authoritiative resource covers highlights from the eight years of President Barack Obama and his administration's service to the United States of America.
American citizens, economists, political scientists, fiscal forecasters, policymakers, market research analysts, financial analysts, policy analysts, management consultants, financial and business reporters may be interested in this volume. High school teachers may be able to use this report for teaching activity-based lessons to high school students as a way to make economics relevant to current events, economic growth, and the role of Government with impact on the fiscal and monetary policy. Undergraduate and graduate students pursuing coursework for economic majors may find this volume useful for research in Economics History, History of Economic Thought, and Economics of Government Regulations classes, while political science students may find this volume useful for research in Public Fiscal Policy, and Political Economics classes.
Check out our Economic Policy resources collection here: https://bookstore.gpo.gov/catalog/budget-economy/economic-policy
U.S. Federal Budgets available by year are available here: https://bookstore.gpo.gov/catalog/budget-economy/federal-budgets-year
Other publications relating to President Barack Obama presidency can be found here: https://bookstore.gpo.gov/catalog/us-military-history/presidential-history/44-barack-obama
The Economic Report of the President is an annual report written by the Chair of the Council of Economic Advisers. An important vehicle for presenting the Administration’s domestic and international economic policies, it provides an overview of the nation's economic progress with text and extensive data appendices. This volume pertains to President Barack Obama administration and reviews the efforts of the Obama Administration to ensure economic growth among all American families. This authoritiative resource covers highlights from the eight years of President Barack Obama and his administration's service to the United States of America.
American citizens, economists, political scientists, fiscal forecasters, policymakers, market research analysts, financial analysts, policy analysts, management consultants, financial and business reporters may be interested in this volume. High school teachers may be able to use this report for teaching activity-based lessons to high school students as a way to make economics relevant to current events, economic growth, and the role of Government with impact on the fiscal and monetary policy. Undergraduate and graduate students pursuing coursework for economic majors may find this volume useful for research in Economics History, History of Economic Thought, and Economics of Government Regulations classes, while political science students may find this volume useful for research in Public Fiscal Policy, and Political Economics classes.
Check out our Economic Policy resources collection here: https://bookstore.gpo.gov/catalog/budget-economy/economic-policy
U.S. Federal Budgets available by year are available here: https://bookstore.gpo.gov/catalog/budget-economy/federal-budgets-year
Other publications relating to President Barack Obama presidency can be found here: https://bookstore.gpo.gov/catalog/us-military-history/presidential-history/44-barack-obama
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Specificații
ISBN-13: 9780160936104
ISBN-10: 0160936101
Pagini: 600
Editura: U.S. Executive Office of the President
Colecția Council of Economic Advisers
ISBN-10: 0160936101
Pagini: 600
Editura: U.S. Executive Office of the President
Colecția Council of Economic Advisers
Recenzii
AFSCME Information Highway (Resources brought to you by the library at the American Federation of State, County & Municpal Employees) website feature http://www.afscmeinfocenter.org/blog/2016/12/2017-economic-report-of-the-president-together-with-the-annual-report-of-the-council-of-economic-advisers.htm#.WL_y7vJQnm4
Cuprins
C O N T E N T S
CHAPTER 1: EIGHT YEARS OF RECOVERY AND REINVESTMENT
THE RECOVERY IN REVIEW
Employment and Wages
Output and Economic Growth
Equity Markets, House Prices, Household Wealth, and
Other Measures
THE CRISIS AND THE RESPONSE
A Once-in-a-Lifetime Crisis
The Policy Response
THE 2017 ECONOMIC REPORT OF THE PRESIDENT
: PROMOTING STRONGER, MORE INCLUSIVE, AND MORE SUSTAINABLE GROWTH
Chapter 3: Reducing Inequality
Chapter 4: Reforming the Health Care System
Chapter 5: Investing in Higher Education
Chapter 6: Strengthening the Financial System
Chapter 7: Addressing Climate Change
FOUR CONTINUED STRUCTURAL CHALLENGES: PRODUCTIVITY,
INEQUALITY, PARTICIPATION, AND SUSTAINABILITY
Productivity Growth
Income Inequality
Labor Force Participation
Economic Sustainability
CONCLUSION
CHAPTER 2:THE YEAR IN REVIEW AND THE YEARS AHEAD
POLICY DEVELOPMENTS
Fiscal Policy
Monetary Policy
LABOR MARKET
OUTPUT
Consumer Spending
Housing Markets
Investment
Net Exports
PRODUCTIVITY
WAGE AND PRICE INFLATION
FINANCIAL MARKETS
Equity Markets
Interest Rates and Credit Spreads
Energy Prices
THE GLOBAL MACROECONOMIC SITUATION
Global Headwinds and Trade
Developments in 2016
THE OUTLOOK
GDP Growth over the Next Three Years
GDP Growth over the Long Term
CONCLUSION
CHAPTER 3:PROGRESS REDUCING INEQUALITY
THE RECOVERY ACT: RESTORING GROWTH
Reducing Unemployment and Earnings Inequality
Supporting Struggling Families
THE AFFORDABLE CARE ACT: PROVIDING AFFORDABLE,
ACCESSIBLE HEALTH INSURANCE
Reducing Disparities in Health Coverage and Health Status
Reducing Poverty and Income Inequality
ENACTING A FAIRER TAX CODE
Cutting Taxes to Support Work, Reduce Poverty, and
Strengthen Opportunity
Restoring Tax Rates to Their Level in the 1990s and
Increasing Progressivity
Reducing Poverty and Income Inequality
THE OBAMA ADMINISTRATION’S RECORD IN HISTORICAL CONTEXT
The Combined Impact of Changes in Tax Policy and the ACA Coverage Provisions
Obama Administration Achievements Relative to Other Federal Action in Recent Decades
A Partial Reversal of Increasing Inequality
NEXT STEPS TO FURTHER BOOST INCOMES, EXPAND
OPPORTUNITY, AND REDUCE INEQUALITY
Making Work Pay
Investing in Children and Families
Reforming the Tax System
CONCLUSION
APPENDIX: DISTRIBUTION OF CHANGES IN TAX POLICY
SINCE 2009 AND ACA COVERAGE PROVISIONS
CHAPTER 4: REFORMING THE HEALTH CARE SYSTEM
INTRODUCTION
EXPANDING AND IMPROVING HEALTH INSURANCE
COVERAGE
Barriers to Obtaining Health Insurance Coverage Before the Obama Administration
Reforms to Expand Health Insurance Coverage
Economic Consequences of Broader Health Insurance Coverage
REFORMING THE HEALTH CARE DELIVERY SYSTEM
Health Care Costs and Quality Before the Affordable Care Act
Reforms to the Health Care Delivery System Under the Obama Administration
Recent Trends in Health Care Costs and Quality
Economic Benefits of a Better Health Care Delivery System
CONCLUSION
CHAPTER 5:INVESTING IN HIGHER EDUCATION
INTRODUCTION
THE ECONOMIC RATIONALE FOR FEDERAL POLICIES AND
REFORMS TO SUPPORT HIGHER EDUCATION
Individual Returns to Higher Education
Positive Externalities
Credit Constraints
Information Failures and Procedural Complexities
The Role of Family Income
KEY ACCOMPLISHMENTS
Helping Students Pay for College
Reducing Credit Constraints and Improving Student Debt Outcomes
Improving Information and Reducing Procedural Complexities
Protecting Students from Low-Quality Programs and Encouraging Schools to Improve
NEXT STEPS
CONCLUSION
CHAPTER 6: STRENGTHENING THE FINANCIAL SYSTEM
INTRODUCTION
ECONOMIC RATIONALE FOR REGULATING FINANCIAL
MARKETS
U.S. FINANCIAL MARKETS IN 2007-08
IMPACT OF REFORMS TO ESTABLISH A MORE SUSTAINABLE
FINANCIAL SYSTEM
Increasing the Safety and Soundness of Individual Financial Institutions
Systemic Risk and Identifying Sources of Risk in the System
Transparency, Accountability, and Protecting Consumers and Investors
International Cooperation
U.S. FINANCIAL MARKETS IN 2016
General Measures of Financial Sector Health
CONCLUSION
CHAPTER 7:ADDRESSING CLIMATE CHANGE
INTRODUCTION
THE ECONOMIC RATIONALE FOR CLIMATE ACTION
Addressing Externalities
Correcting Other Market Failures
Insurance against Catastrophe
Delaying Action on Climate Change Increases Costs
ADMINISTRATION CLIMATE POLICIES
Supporting Growth of Renewable Energy
Carbon Pollution Standards for Power Plants
Improving Energy Efficiency and Conservation
Addressing Transportation Sector Emissions
Reducing Emissions from High Potency Greenhouse Gases
Promoting Climate Resilience
PROGRESS TO-DATE IN TRANSITIONING TO A CLEAN ENERGY
ECONOMY
Reduced Growth in Greenhouse Gas Emissions
Declining Energy Intensity
Declining Carbon Intensity
Decomposition of the Unexpected and Total Declines in Emissions
HOW ADMINISTRATION POLICIES MEET FUTURE EMISSIONS
REDUCTIONS TARGETS
AMERICAN LEADERSHIP IN INTERNATIONAL COOPERATION
PLANS FOR THE FUTURE
CONCLUSION
APPENDIX: DETAIL ON SECTORAL EMISSIONS DECOMPOSITION ANALYSIS
REFERENCES
APPENDIXES
A.
Report to the President on the Activities of the Council of
Economic Advisers During 2016
B.
Statistical Tables Relating to Income, Employment, and
Production
CONTENTS
ECONOMIC REPORT OF THE PRESIDENT
ANNUAL REPORT OF THE COUNCIL OF ECONOMIC ADVISERS*
CHAPTER 1
EIGHT YEARS OF RECOVERY AND
REINVESTMENT
CHAPTER 2
THE YEAR IN REVIEW AND THE YEARS AHEAD
CHAPTER 3
PROGRESS REDUCING INEQUALITY
CHAPTER 4
REFORMING THE HEALTH CARE SYSTEM
CHAPTER 5
INVESTING IN HIGHER EDUCATION
CHAPTER 6
STRENGTHENING THE FINANCIAL SYSTEM
CHAPTER 7
ADDRESSING CLIMATE CHANGE
REFERENCES
APPENDIX A
REPORT
TO THE PRESIDENT ON THE ACTIVITIES
OF THE COUNCIL OF ECONOMIC ADVISERS
DURING 2016
APPENDIX B
STATISTICAL
TABLES RELATING TO INCOME,
EMPLOYMENT, AND PRODUCTION
CHAPTER 1: EIGHT YEARS OF RECOVERY AND REINVESTMENT
THE RECOVERY IN REVIEW
Employment and Wages
Output and Economic Growth
Equity Markets, House Prices, Household Wealth, and
Other Measures
THE CRISIS AND THE RESPONSE
A Once-in-a-Lifetime Crisis
The Policy Response
THE 2017 ECONOMIC REPORT OF THE PRESIDENT
: PROMOTING STRONGER, MORE INCLUSIVE, AND MORE SUSTAINABLE GROWTH
Chapter 3: Reducing Inequality
Chapter 4: Reforming the Health Care System
Chapter 5: Investing in Higher Education
Chapter 6: Strengthening the Financial System
Chapter 7: Addressing Climate Change
FOUR CONTINUED STRUCTURAL CHALLENGES: PRODUCTIVITY,
INEQUALITY, PARTICIPATION, AND SUSTAINABILITY
Productivity Growth
Income Inequality
Labor Force Participation
Economic Sustainability
CONCLUSION
CHAPTER 2:THE YEAR IN REVIEW AND THE YEARS AHEAD
POLICY DEVELOPMENTS
Fiscal Policy
Monetary Policy
LABOR MARKET
OUTPUT
Consumer Spending
Housing Markets
Investment
Net Exports
PRODUCTIVITY
WAGE AND PRICE INFLATION
FINANCIAL MARKETS
Equity Markets
Interest Rates and Credit Spreads
Energy Prices
THE GLOBAL MACROECONOMIC SITUATION
Global Headwinds and Trade
Developments in 2016
THE OUTLOOK
GDP Growth over the Next Three Years
GDP Growth over the Long Term
CONCLUSION
CHAPTER 3:PROGRESS REDUCING INEQUALITY
THE RECOVERY ACT: RESTORING GROWTH
Reducing Unemployment and Earnings Inequality
Supporting Struggling Families
THE AFFORDABLE CARE ACT: PROVIDING AFFORDABLE,
ACCESSIBLE HEALTH INSURANCE
Reducing Disparities in Health Coverage and Health Status
Reducing Poverty and Income Inequality
ENACTING A FAIRER TAX CODE
Cutting Taxes to Support Work, Reduce Poverty, and
Strengthen Opportunity
Restoring Tax Rates to Their Level in the 1990s and
Increasing Progressivity
Reducing Poverty and Income Inequality
THE OBAMA ADMINISTRATION’S RECORD IN HISTORICAL CONTEXT
The Combined Impact of Changes in Tax Policy and the ACA Coverage Provisions
Obama Administration Achievements Relative to Other Federal Action in Recent Decades
A Partial Reversal of Increasing Inequality
NEXT STEPS TO FURTHER BOOST INCOMES, EXPAND
OPPORTUNITY, AND REDUCE INEQUALITY
Making Work Pay
Investing in Children and Families
Reforming the Tax System
CONCLUSION
APPENDIX: DISTRIBUTION OF CHANGES IN TAX POLICY
SINCE 2009 AND ACA COVERAGE PROVISIONS
CHAPTER 4: REFORMING THE HEALTH CARE SYSTEM
INTRODUCTION
EXPANDING AND IMPROVING HEALTH INSURANCE
COVERAGE
Barriers to Obtaining Health Insurance Coverage Before the Obama Administration
Reforms to Expand Health Insurance Coverage
Economic Consequences of Broader Health Insurance Coverage
REFORMING THE HEALTH CARE DELIVERY SYSTEM
Health Care Costs and Quality Before the Affordable Care Act
Reforms to the Health Care Delivery System Under the Obama Administration
Recent Trends in Health Care Costs and Quality
Economic Benefits of a Better Health Care Delivery System
CONCLUSION
CHAPTER 5:INVESTING IN HIGHER EDUCATION
INTRODUCTION
THE ECONOMIC RATIONALE FOR FEDERAL POLICIES AND
REFORMS TO SUPPORT HIGHER EDUCATION
Individual Returns to Higher Education
Positive Externalities
Credit Constraints
Information Failures and Procedural Complexities
The Role of Family Income
KEY ACCOMPLISHMENTS
Helping Students Pay for College
Reducing Credit Constraints and Improving Student Debt Outcomes
Improving Information and Reducing Procedural Complexities
Protecting Students from Low-Quality Programs and Encouraging Schools to Improve
NEXT STEPS
CONCLUSION
CHAPTER 6: STRENGTHENING THE FINANCIAL SYSTEM
INTRODUCTION
ECONOMIC RATIONALE FOR REGULATING FINANCIAL
MARKETS
U.S. FINANCIAL MARKETS IN 2007-08
IMPACT OF REFORMS TO ESTABLISH A MORE SUSTAINABLE
FINANCIAL SYSTEM
Increasing the Safety and Soundness of Individual Financial Institutions
Systemic Risk and Identifying Sources of Risk in the System
Transparency, Accountability, and Protecting Consumers and Investors
International Cooperation
U.S. FINANCIAL MARKETS IN 2016
General Measures of Financial Sector Health
CONCLUSION
CHAPTER 7:ADDRESSING CLIMATE CHANGE
INTRODUCTION
THE ECONOMIC RATIONALE FOR CLIMATE ACTION
Addressing Externalities
Correcting Other Market Failures
Insurance against Catastrophe
Delaying Action on Climate Change Increases Costs
ADMINISTRATION CLIMATE POLICIES
Supporting Growth of Renewable Energy
Carbon Pollution Standards for Power Plants
Improving Energy Efficiency and Conservation
Addressing Transportation Sector Emissions
Reducing Emissions from High Potency Greenhouse Gases
Promoting Climate Resilience
PROGRESS TO-DATE IN TRANSITIONING TO A CLEAN ENERGY
ECONOMY
Reduced Growth in Greenhouse Gas Emissions
Declining Energy Intensity
Declining Carbon Intensity
Decomposition of the Unexpected and Total Declines in Emissions
HOW ADMINISTRATION POLICIES MEET FUTURE EMISSIONS
REDUCTIONS TARGETS
AMERICAN LEADERSHIP IN INTERNATIONAL COOPERATION
PLANS FOR THE FUTURE
CONCLUSION
APPENDIX: DETAIL ON SECTORAL EMISSIONS DECOMPOSITION ANALYSIS
REFERENCES
APPENDIXES
A.
Report to the President on the Activities of the Council of
Economic Advisers During 2016
B.
Statistical Tables Relating to Income, Employment, and
Production
CONTENTS
ECONOMIC REPORT OF THE PRESIDENT
ANNUAL REPORT OF THE COUNCIL OF ECONOMIC ADVISERS*
CHAPTER 1
EIGHT YEARS OF RECOVERY AND
REINVESTMENT
CHAPTER 2
THE YEAR IN REVIEW AND THE YEARS AHEAD
CHAPTER 3
PROGRESS REDUCING INEQUALITY
CHAPTER 4
REFORMING THE HEALTH CARE SYSTEM
CHAPTER 5
INVESTING IN HIGHER EDUCATION
CHAPTER 6
STRENGTHENING THE FINANCIAL SYSTEM
CHAPTER 7
ADDRESSING CLIMATE CHANGE
REFERENCES
APPENDIX A
REPORT
TO THE PRESIDENT ON THE ACTIVITIES
OF THE COUNCIL OF ECONOMIC ADVISERS
DURING 2016
APPENDIX B
STATISTICAL
TABLES RELATING TO INCOME,
EMPLOYMENT, AND PRODUCTION