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Sustainability and Optimality of Public Debt NEW
US $120.02
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Condition:
New
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eBay item number:180972663043
Item specifics
- Condition
- 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
- 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
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
Item description
Business seller information
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