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Sustainability and Optimality of Public Debt 2nd ed. 2013 edition
Michael Carlberg
Sustainability and Optimality of Public Debt 2nd ed. 2013 edition
Michael Carlberg
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. Depending on the chosen fiscal strategy, there exists either an optimal deficit ratio or an optimal tax rate that maximizes the sum of consumption and government purchases per capita.
212 pages, biography
Media | Books Hardcover Book (Book with hard spine and cover) |
Released | December 14, 2012 |
ISBN13 | 9783642329661 |
Publishers | Springer-Verlag Berlin and Heidelberg Gm |
Pages | 212 |
Dimensions | 155 × 235 × 14 mm · 526 g |
Language | English |
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