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
Classic monolingual word-sense disambiguation to specify the word senses which are to be disambiguated, and a corpus of language data to be disambiguated. WordNet is the most popular example of sense inventory. The reason for adopting the HECTOR database during Senseval-1 was that the WordNet inventory was already publicly available. Comparison of methods can be divided in 2 groups by amount of words to test. The difference consists in the amount of analysis and processing: It is assumed that the former one is more realistic evaluation, although with very laborious testing of results. Initially only the latter was used in evaluation but later the