NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Off-Balance-Sheet Federal Liabilities

James D. Hamilton

NBER Working Paper No. 19253
Issued in July 2013

---- Acknowledgements -----

I am grateful to Marjorie Flavin, Robert Hall, Douglas Holtz-Eakin, Jeffrey Miron, Phillip Swagel, and seminar and conference participants at U.C. San Diego and the Cato Institute for helpful comments on this paper. This study was prepared for Cato Papers on Public Policy. The views expressed herein are those of the author and do not necessarily reflect the views of the National Bureau of Economic Research.

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