## The United States Economy: Performance and Issues

_Books, January 15, 1992_

## Source details

**Canonical URL:** [The United States Economy: Performance and Issues](https://www.imf.org/en/publications/books/issues/2016/12/30/the-united-states-economy-performance-and-issues-3)

## Other formats

- [Markdown version](/en/publications/books/issues/2016/12/30/the-united-states-economy-performance-and-issues-3/index.md)
- [Structured JSON version](/en/publications/books/issues/2016/12/30/the-united-states-economy-performance-and-issues-3/index.json)
- [Bundle manifest](/en/publications/books/issues/2016/12/30/the-united-states-economy-performance-and-issues-3/bundle-manifest.json)

## Bibliographic details
- Authors: Yusuke Horiguchi
- Published: January 15, 1992
- Series: Books
- DOI: https://doi.org/10.5089/9781557752314.071

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### Overview
- Book examines U.S. economic policy and performance in the 1980s, a period when the United States enjoyed its longest peacetime expansion.
- Authored by Yusuke Horiguchi; staff team headed by Yusuke Horiguchi.
- Publication date: January 15, 1992.
- Summary emphasis: buoyant growth and declines in inflation occurred alongside persistent macroeconomic and structural challenges.

### Major findings
- Macroeconomic environment:
  - Longest peacetime expansion during the 1980s.
  - Buoyant growth and declines in inflation.
  - Low savings.
  - Current account deficits.
  - Swings in the dollar exchange rate.
- Structural problems identified:
  - Strength of financial institutions.
  - The tax system.
  - Health care.
  - Productivity.

### Subject coverage and keywords
- Subject headings explicitly listed:
  - Corporate income tax
  - Exchange rates
  - Expenditure
  - Foreign exchange
  - Health care spending
  - Income tax systems
  - Labor
  - National accounts
  - Private savings
  - Real exchange rates
  - Taxes
  - Unemployment rate
- Keywords:
  - BOOK
  - Corporate income tax
  - cost of capital
  - Europe
  - Exchange rates
  - Global
  - Health care spending
  - Income tax systems
  - inflation equation
  - North America
  - Private savings
  - rate of return
  - Real exchange rates
  - saving rate
  - tax treatment
  - Unemployment rate

### Staff team (as listed)
- Yusuke Horiguchi (head)
- Charles Adams
- Krister Andersson
- A. Lans Bovenberg
- Bankim Chadha
- Daniel Citrin
- David T. Coe
- Sharmini Coorey
- Robert Corker
- Liam P. Ebrill
- Owen Evans
- Steven M. Fries
- Lloyd Kenward
- Ellen M. Nedde

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_Source: https://www.imf.org/en/publications/books/issues/2016/12/30/the-united-states-economy-performance-and-issues-3_