"Openbare schulden." . . "Finances publiques." . . "Debts, Public." . . "Theorie." . . "Modèle mathématique." . . "Öffentliche Schulden Wachstumstheorie Overlapping Generations Dynamisches Gleichgewicht Optimale Besteuerung Theorie." . . "Economics." . . "Deute públic Models matemàtics." . . "Économie politique." . . "Neoklassisches Modell" . . "Neoklassisches Modell." . "Finance." . . "Dette publique." . . "BUSINESS & ECONOMICS / Public Finance" . . "Springer-Verlag GmbH" . . "Consumption (Economics) Mathematical models." . . "Makroökonomisches Modell." . . . . . . . . . . . . . . . "Llibres electrònics" . . . . "The focus of this book is on the dynamics of public dept. It proves useful to consider the Solow growth model, the overlapping generations model and the infinite horizon model. Sustainability refers to the existence and the stability of the long-run equilibrium. The government can follow either of two strategies: it fixes the deficit ratio or the tax rate. By means of phase diagrams, we trace out the processes of adjustment induced by various macroeconomic shocks. In addition, different scenarios are reviewed: closed economy, the open economy, and two countries. The open economy adds the dynamics of the current account and of foreign dept."@en . . . . . "This book studies the sustainability and optimality of public debt under different scenarios: the closed economy, the small open economy, and a two-country setting. Sustainability refers to the existence and the stability of the long-run equilibrium. Optimality relates to the path of public debt that maximizes discounted utility. The analysis is conducted within the framework of the Solow model, the overlapping generations model and the infinite horizon model. The government can follow different strategies, it either fixes the deficit ratio or the tax rate. As a result, a fixed deficit ratio generally can be sustained. By contrast, a fixed tax rate generally cannot be sustained. Depending on the chosen fiscal strategy, there exists either an optimal deficit ratio or an optimal tax rate that maximizes the sum of consumption and government purchases per capita." . . . "Sustainability and optimality of public debt : with 90 figures"@en . "Sustainability and optimality of public debt : with 90 figures" . . . . . . . . . "Ressources Internet" . . . . . . . . . . . . . . . . . . "\"This book studies the sustainability and optimality of public debt under different scenarios: the closed economy, the small open economy, and a two-country setting. Sustainability refers to the existence and the stability of the long-run equilibrium. Optimality relates to the path of public debt that maximizes discounted utility. The analysis is conducted within the framework of the Solow model, the overlapping generations model and the infinite horizon model. The government can follow different strategies, it either fixes the deficit ratio or the tax rate. As a result, a fixed deficit ratio generally can be sustained. By contrast, a fixed tax rate generally cannot be sustained. Depending on the chosen fiscal strategy, there exists either an optimal deficit ratio or an optimal tax rate that maximizes the sum of consumption and government purchases per capita.\"--Publisher's website."@en . . . . . . . . . "Sustainability and Optimality of Public Debt" . "Sustainability and Optimality of Public Debt"@en . . . . . . . "Electronic books"@en . "Electronic books" . . . . . . . . . . . "This book studies the sustainability and optimality of public debt under different scenarios: the closed economy, the small open economy, and a two-country setting. Sustainability refers to the existence and the stability of the long-run equilibrium. Optimality relates to the path of public debt that maximizes discounted utility. The analysis is conducted within the framework of the Solow model, the overlapping generations model and the infinite horizon model. The government can follow different strategies, it either fixes the deficit ratio or the tax rate. As a result, a fixed deficit ratio g."@en . . . "\"This book studies the sustainability and optimality of public debt under different scenarios: the closed economy, the small open economy, and a two-country setting. Sustainability refers to the existence and the stability of the long-run equilibrium. Optimality relates to the path of public debt that maximizes discounted utility. The analysis is conducted within the framework of the Solow model, the overlapping generations model and the infinite horizon model. The government can follow different strategies, it either fixes the deficit ratio or the tax rate. As a result, a fixed deficit ratio generally can be sustained. By contrast, a fixed tax rate generally cannot be sustained. Depending on the chosen fiscal strategy, there exists either an optimal deficit ratio or an optimal tax rate that maximizes the sum of consumption and government purchases per capita.\" -- Library of Congress." . . . . . . . . "Sustainability and optimality of public debt"@en . "Sustainability and optimality of public debt" . . . . . . . . "Deute públic." . . "Mehrgenerationenmodell" . . "Debito pubblico." . . "Endogenous growth (Economics)" . . "Economische groei." . . "Science économique." . . "Croissance endogène (Économie politique)" . . "Economics/Management Science." . . "Debts, Public Mathematical models." . . "Öffentliche Schulden" . . "Öffentliche Schulden." . "International economic relations." . . . . "Dettes publiques Modèles mathématiques." . . "Wachstumstheorie." . . "Physica-Verlag." . . "Openbare financiën." . . "javni dolg modeli." . . "Solow-Modell" . . "Solow-Modell." . "Wachstumsmodell" . . "Affaires." . . "Finances." . . "Leeftijdsgroepen." . . "Models matemàtics." . . "Debts." . . "Modell." . .