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

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 publi...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Greiner, Alfred (Autor), Fincke, Bettina (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cham : Springer, [2014]
Temas:
Acceso en línea:Texto completo

MARC

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245 1 0 |a Public debt, sustainability and economic growth :  |b theory and empirics /  |c Alfred Greiner, Bettina Fincke. 
264 1 |a Cham :  |b Springer,  |c [2014] 
264 4 |c ©2015 
300 |a 1 online resource (xviii, 271 pages) :  |b illustrations (some color) 
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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. 
505 0 |6 880-01  |a 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. 
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650 0 |a Debts, Public. 
650 0 |a Sustainable development. 
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650 6 |a Dettes publiques. 
650 6 |a Développement durable. 
650 6 |a Politique économique. 
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776 0 8 |i Print version:  |a Greiner, Alfred.  |t Public Debt, Sustainability and Economic Growth : Theory and Empirics.  |d Cham : Springer International Publishing, ©2014  |z 9783319093475 
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880 8 |6 505-01/(S  |a Permanent Public Deficits Conclusion; Appendix; The Elasticity of Labor Supply and the Intertemporal Elasticity of Substitution of Consumption; The Elasticity of Labor Supply; The Intertemporal Elasticity of Substitution of Consumption; On the Intertemporal Budget Constraint of the Government with ψ=0; Proof of Proposition 4; Proof of Proposition 5; Proof of Proposition 6; Proof of Proposition 7; Welfare Effects with a Different Initial Condition and with κ=1.; Proof of Lemma 1; Proof of Proposition 10; Proof of Lemma 2; Stability of the Balanced Budget Scenario in the Monetary Growth Model. 
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