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Public debt, sustainability and econ...

Greiner, Alfred.

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Public debt, sustainability and economic growth = theory and empirics /

紀錄類型:	書目-電子資源 : Monograph/item
正題名/作者:	Public debt, sustainability and economic growth/ by Alfred Greiner, Bettina Fincke.
其他題名:	theory and empirics /
作者:	Greiner, Alfred.
其他作者:	Fincke, Bettina.
出版者:	Cham :Springer International Publishing : : 2015.,
面頁冊數:	xviii, 271 p. :ill. (some col.), digital ;24 cm.
內容註:	Introduction -- Sustainable Public Debt: Theory and Empirical Evidence -- Debt and Growth: A Basic Endogenous Growth Model -- Productive Government Spending, Public Debt and Growth -- Government Debt and Human Capital Formation -- Debt and Growth: Empirical Evidence -- Conclusion.
Contained By:	Springer eBooks
標題:	Debts, Public. -
電子資源:	http://dx.doi.org/10.1007/978-3-319-09348-2
ISBN:	9783319093482 (electronic bk.)

Public debt, sustainability and economic growth = theory and empirics /
Greiner, Alfred.

Public debt, sustainability and economic growththeory and empirics /[electronic resource] :by Alfred Greiner, Bettina Fincke. - Cham :Springer International Publishing :2015. - xviii, 271 p. :ill. (some col.), digital ;24 cm.

Introduction -- Sustainable Public Debt: Theory and Empirical Evidence -- Debt and Growth: A Basic Endogenous Growth Model -- Productive Government Spending, Public Debt and Growth -- Government Debt and Human Capital Formation -- Debt and Growth: Empirical Evidence -- Conclusion.

Public debt has become a severe problem for a great many economies. While the effects of tax policies on the allocation of resources are readily derived, the mechanisms that make public deficits and debt influence the economy are not so easily understood. This book elaborates on the effects of public debt starting from the intertemporal budget constraint of the government. It is shown under which conditions a government can stick to the intertemporal budget constraint, and, then, demonstrated how public debt affects the growth process and welfare in market economies. The effects are derived for models with complete labor markets as well as taking into account labor market imperfections. The focus in this book is on fiscal policy issues, but it also deals with monetary policy aspects. The theoretical analysis is complemented with empirical time series analyses on debt sustainability and with panel studies dealing with the relationship between public debt and economic growth.

ISBN: 9783319093482 (electronic bk.)

Standard No.: 10.1007/978-3-319-09348-2doiSubjects--Topical Terms:

651897
Debts, Public.

LC Class. No.: HJ8011

Dewey Class. No.: 336.34

Public debt, sustainability and economic growth = theory and empirics /
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520 $a Public debt has become a severe problem for a great many economies. While the effects of tax policies on the allocation of resources are readily derived, the mechanisms that make public deficits and debt influence the economy are not so easily understood. This book elaborates on the effects of public debt starting from the intertemporal budget constraint of the government. It is shown under which conditions a government can stick to the intertemporal budget constraint, and, then, demonstrated how public debt affects the growth process and welfare in market economies. The effects are derived for models with complete labor markets as well as taking into account labor market imperfections. The focus in this book is on fiscal policy issues, but it also deals with monetary policy aspects. The theoretical analysis is complemented with empirical time series analyses on debt sustainability and with panel studies dealing with the relationship between public debt and economic growth.
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