Public debt sustainability and economic growth : theory and empirics / Alfred Greiner

By:

Greiner, Alfred

Material type: Text

TextLanguage: English Publication details: Switzerland : Springer International Publishing, 2015.Description: xviii, 271 p. : illISBN:

9783319093475
9783319093482

Subject(s):

DDC classification:

336.34 GRE.P

Contents:

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.

Summary: 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.

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode
Books	Institute of Public Enterprise, Library S Campus	Reference	336.34 GRE.P (Browse shelf(Opens below))	Available (Restricted Access)		42172

Includes bibliographical reference and Indexes.

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.

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Public debt sustainability and economic growth : theory and empirics / Alfred Greiner

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