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Sustainability And Optimality Of Public Debt

by Arne Hansen e Michael Carlberg
language: english
Publisher: SPRINGER-VERLAG BERLIN AND HEIDELBERG GMBH & CO. KG, December of 2012 ‧
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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.

Sustainability And Optimality Of Public Debt

by Arne Hansen e Michael Carlberg

Property Description
ISBN: 9783642329661
Publisher: SPRINGER-VERLAG BERLIN AND HEIDELBERG GMBH & CO. KG
Release Date: December of 2012
Language: English
Dimensions: 156 x 234 x 14 mm
Cover: Hardcover
Pages: 212
Format: Book
Categories: Books in English > Economics, Finance and Accounting > Economy
EAN: 9783642329661