Sustainability and Optimality of Public Debt

Sustainability and Optimality of Public Debt by Michael Carlberg, Arne Hansen.

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...

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Bibliographic Details
Main Authors: Carlberg, Michael (Author), Hansen, Arne (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Physica, 2013.
Edition:2nd ed. 2013.
Series:Springer eBook Collection.
Subjects:
Public finance.
Economic growth.
International economics.
Macroeconomics.
Electronic resources (E-books)
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