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 division of words into senses becomes much more difficult. Different dictionaries and thesauruses will provide different divisions of words into senses. One solution some researchers have used is to choose a particular dictionary, and just use its set of senses. Generally, however, research results using broad distinctions in senses have been much better than those using narrow ones. However, given the lack of a full-fledged coarse-grained sense inventory, most researchers continue to work on fine-grained WSD. Most research in the field of WSD is performed by using WordNet as a reference sense inventory for English. WordNet is a computational lexicon