Sustainability and Optimality of Public Debt - Michael Carlberg - Books - Springer-Verlag Berlin and Heidelberg Gm - 9783642329661 - December 14, 2012
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Michael Carlberg
Sustainability and Optimality of Public Debt 2nd ed. 2013 edition

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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.

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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