| 書目名稱 | Public Debt and Endogenous Growth |
| 編輯 | Michael Br?uninger |
| 視頻video | http://file.papertrans.cn/764/763567/763567.mp4 |
| 概述 | Includes supplementary material: |
| 叢書名稱 | Contributions to Economics |
| 圖書封面 |  |
| 描述 | This book considers public debt dynamics in various endogenous growth mod- els, namely the AK model and explicit models of innovation and human cap- ital accumulation. Furthermore, the closed economy, the small open economy and a two-country world are analysed. In the closed economy model, the focus is on budget deficit and public debt dynamics and their influence on capital growth and output growth. Then, in the open economy model, the effects on foreign debt growth are considered. In a two-country setting, public debt growth in one country affects growth in the other country. In each scenario the government either fixes the deficit ratio or the tax rate. For both strategies the steady state is derived and stability is analysed. Then, dynamics induced by various shocks and policy measures are explored. Many diagrams illustrate the dynamics. I greatly benefited from comments by Michael Carlberg. In addition, Alkis Otto and Justus Haucap discussed with me many parts of the book. I wish to thank them all. Hamburg, February 2003 Michael Briiuninger Contents 1 Introduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 . . . . . . . . . . . . . . Part I The Closed E |
| 出版日期 | Book 2003 |
| 關(guān)鍵詞 | Budget Deficit; Economic Growth; Endogenous Growth; Public Debt; Taxation; growth; growth model |
| 版次 | 1 |
| doi | https://doi.org/10.1007/978-3-642-57420-7 |
| isbn_softcover | 978-3-7908-0056-2 |
| isbn_ebook | 978-3-642-57420-7Series ISSN 1431-1933 Series E-ISSN 2197-7178 |
| issn_series | 1431-1933 |
| copyright | Springer-Verlag Berlin Heidelberg 2003 |
|Archiver|手機版|小黑屋|
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