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 the first word, then among the definitions of every semantic variant of each word in the previous definitions and so on. Finally, the first word is disambiguated by selecting the semantic variant which minimizes the distance from the first to the second word. An alternative to the use of the definitions is to consider general word-sense relatedness and to compute the semantic similarity of each pair of word senses based on a given lexical knowledge base such as WordNet. Graph-based methods reminiscent of spreading activation research of the early days of AI research have been applied with some success. More