Public Debt, Sustainability and Economic Growth Theory and Empirics /

• Main Authors: Greiner, Alfred (Author), Fincke, Bettina (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2015.
• Subjects: Political economy.; Economic theory.; Macroeconomics.; Public finance.; Development economics.; Economic growth.; Economics.; Economic Growth.; Macroeconomics/Monetary Economics//Financial Economics.; Development Economics.; Public Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Political Economy.

Public debt has become a severe problem for a great many economies. While the effects of tax policies on the allocation of resources are readily derived, the mechanisms that make public deficits and debt influence the economy are not so easily understood. This book elaborates on the effects of publi...

Table of Contents:

• Introduction
• Sustainable Public Debt: Theory and Empirical Evidence
• Debt and Growth: A Basic Endogenous Growth Model
• Productive Government Spending, Public Debt and Growth
• Government Debt and Human Capital Formation
• Debt and Growth: Empirical Evidence
• Conclusion.