Discover how fiscal drag affects the economy by reducing consumer spending due to increased taxes, and understand its role in economic stability.

Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University with ...

For economists trying to measure the health of an economy, there are a number of similar sounding but slightly different concepts that can confuse those without a background in macroeconomics. Two of ...

Sovereign debt crises coincide with deep recessions. I propose a model of sovereign debt that rationalizes large contractions in economic activity via an aggregate-demand amplification mechanism. The ...

Back when the Barclays U.S. Aggregate Bond Index (formerly the Lehman Aggregate Bond Index) launched in 1976, it was the first of its kind. It provided aggregate exposure to the U.S. bond market and ...