Showing 1 - 10 of 17
Persistent link: https://www.econbiz.de/10000671749
Persistent link: https://www.econbiz.de/10000679943
Persistent link: https://www.econbiz.de/10001392915
Persistent link: https://www.econbiz.de/10001448501
Persistent link: https://www.econbiz.de/10001545090
Persistent link: https://www.econbiz.de/10002837024
The fiscal theory says that the price level is determined by the ratio of nominal debt to the present value of real primary surpluses. I analyze long-term debt and optimal policy in the fiscal theory. I find that the maturity structure of the debt matters. For example, it determines whether news...
Persistent link: https://www.econbiz.de/10012472043
The fiscal theory says that the price level is determined by the ratio of nominal debt to the present value of real primary surpluses. I analyze long-term debt and optimal policy in the fiscal theory. I find that the maturity structure of the debt matters. For example, it determines whether news...
Persistent link: https://www.econbiz.de/10014147212
Persistent link: https://www.econbiz.de/10013346983
Persistent link: https://www.econbiz.de/10013346985