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Sustainability and Optimality of Public Debt NEW

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eBay item number:180972663043
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Item specifics

Condition
Brand New: A new, unread, unused book in perfect condition with no missing or damaged pages. See all condition definitionsopens in a new window or tab
ISBN
9783790808346
EAN
9783790808346
Publication Year
1995
Series
Contributions to Economics Ser.
Type
Textbook
Format
Trade Paperback
Language
English
Subject Area
Drama, Business & Economics
Publication Name
Sustainability and Optimality of Public Debt
Author
M. Carlberg
Publisher
Physica-Verlag
Subject
Public Finance, Shakespeare
Item Weight
12.3 Oz
Number of Pages
X, 217 Pages

About this product

Product Identifiers

Publisher
Physica-Verlag
ISBN-10
3790808342
ISBN-13
9783790808346
eBay Product ID (ePID)
413069

Product Key Features

Number of Pages
X, 217 Pages
Publication Name
Sustainability and Optimality of Public Debt
Language
English
Subject
Public Finance, Shakespeare
Publication Year
1995
Type
Textbook
Subject Area
Drama, Business & Economics
Author
M. Carlberg
Series
Contributions to Economics Ser.
Format
Trade Paperback

Dimensions

Item Weight
12.3 Oz

Additional Product Features

Intended Audience
Scholarly & Professional
LCCN
95-150563
Illustrated
Yes
Dewey Decimal
336.3/4
Synopsis
The focus of this book is on the dynamics of public dept. It proves useful to consider the Solow growth model, the overlapping generations model and the infinite horizon model. Sustainability refers to the existence and the stability of the long-run equilibrium. The government can follow either of two strategies: it fixes the deficit ratio or the tax rate. By means of phase diagrams, we trace out the processes of adjustment induced by various macroeconomic shocks. In addition, different scenarios are reviewed: closed economy, the open economy, and two countries. The open economy adds the dynamics of the current account and of foreign dept.
LC Classification Number
HJ8015.C37 1995
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