Fiscal gap Fiscal gap The fiscal gap is a measure of a government's total indebtedness proposed by economists Laurence Kotlikoff and Alan Auerbach, who define it as the difference between the present value of all of government's projected financial obligations, including future expenditures, including servicing outstanding official federal debt, and the present value of all projected future tax and other receipts, including income accruing from the government's current ownership of financial assets. According to Kotlikoff and Auerbach, the "fiscal gap" accounting method can be used to calculate the percentage of necessary tax increases or spending reductions needed to close the fiscal gap
Word-sense disambiguation sets, sense inventories, and knowledge resources adopted. Before the organization of specific evaluation campaigns most systems were assessed on in-house, often small-scale, data sets. In order to test one's algorithm, developers should spend their time to annotate all word occurrences. And comparing methods even on the same corpus is not eligible if there is different sense inventories. In order to define common evaluation datasets and procedures, public evaluation campaigns have been organized. Senseval (now renamed SemEval) is an international word sense disambiguation competition, held every three years since 1998: Senseval-1 (1998), Senseval-2 (2001), Senseval-3 (2004), and its successor, SemEval (2007).