The Economics of Public Debt: Proceedings of a Conference Held by the International Economic Association at Stanford, California
Palgrave Macmillan UK, Sep 19, 1988 - Business & Economics - 317 pages
A collection of essays presenting new insights into the analysis of public debt theory, recent historical episodes, econometric analyses and policy dilemmas and options. It also documents the perceptions of debt problems from viewpoints of national economies as well as the world economy.
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Deficits Monetary Policy and Real Economic Activity
On the Relevance or Irrelevance of Public
Concepts and Measures of Federal Deficits and Debt
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accumulation additional adjusted aggregate analysis assets associated assumed assumption average balance base benefits bonds borrowing Boskin budget burden capital cent coefficients considered constant constraint consumer consumption cost countries debt finance deficit demand depends determined developing discussion distribution economy effect Eisner equal equation equilibrium estimated expected expenditure fall federal Figure financial policy fiscal foreign function future given government debt growth growth rate hence high employment higher hold impact important income increase indexation individuals inflation interest interest rate intergeneration investment issue labour less measure monetary neutrality nominal noted official payments period positive present problem Professor public debt ratio reduced relative rise risk saving sector social sources spending Stiglitz substitution suggested supply surplus Table tax rate taxation utility variables wage wealth