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The book delves into the sustainability and optimality of public debt through the lens of three economic models: the Solow model, the overlapping generations model, and the infinite horizons model. It examines these concepts across three distinct scenarios: a closed economy, a small open economy, and a two-country framework, providing insights into the implications of public debt in varying economic contexts.
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Sustainability and Optimality of Public Debt, Michael Carlberg, Arne Hansen
- Language
- Released
- 2015
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- (Paperback)
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