Sustainability and Optimality of Public Debt D-79111 Freiburg wo man versuchte ein Netzwerk

wo man versuchte ein Netzwerk zu entwickeln

Dies impliziert die Annahme

vor allem die Ausschlusstatbestände

Held at Scholß Ringberg

Sustainability and Optimality of Public Debt D-79111 Freiburg wo man versuchte ein NetzwerkThis 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 that maximizes discounted utility. The analysis is conducted within the framework of the Solow model, the overlapping generations model and the infinite