Sustainability and Optimality of Public Debt

• Κύριοι συγγραφείς: Carlberg, Michael (Συγγραφέας), Hansen, Arne (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Physica, 2013.
• Έκδοση: 2nd ed. 2013.
• Θέματα: Macroeconomics.; International economics.; Public finance.; Economic growth.; Economics.; Public Economics.; Economic Growth.; International Economics.; Macroeconomics/Monetary Economics//Financial Economics.

This book studies the sustainability and optimality of public debt under different scenarios: the closed economy, the small open economy, and a two-country setting. Sustainability refers to the existence and the stability of the long-run equilibrium. Optimality relates to the path of public debt tha...