Economic growth with constraints on tax revenues and public debt: implications for fiscal policy and cross-country differences
e statements apply to a transition of finite duration rather than an instantaneous stock jump. With either a binding exogenous debt limit or solvency constrained borrowing, a more patient country will have a higher steady-state growth rate but a lower steady-state public-to-private capital ratio.
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| Main Authors: | , , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
National Bureau of Economic Research
2007
|
| Series: | Working paper series / National Bureau of Economic Research
12750 |
| Online Access: | Volltext |
| Summary: | e statements apply to a transition of finite duration rather than an instantaneous stock jump. With either a binding exogenous debt limit or solvency constrained borrowing, a more patient country will have a higher steady-state growth rate but a lower steady-state public-to-private capital ratio. |
| Item Description: | Literaturverz. S. 21 |
| Physical Description: | 28 S. 22 cm |
Staff View
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| spelling | Aizenman, Joshua 1949- Verfasser (DE-588)124080057 aut Economic growth with constraints on tax revenues and public debt implications for fiscal policy and cross-country differences Joshua Aizenman ; Kenneth Kletzer ; Brian Pinto Cambridge, Mass. National Bureau of Economic Research 2007 28 S. 22 cm txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 12750 Literaturverz. S. 21 e statements apply to a transition of finite duration rather than an instantaneous stock jump. With either a binding exogenous debt limit or solvency constrained borrowing, a more patient country will have a higher steady-state growth rate but a lower steady-state public-to-private capital ratio. Kletzer, Kenneth Verfasser (DE-588)120795248 aut Pinto, Brian 1954- Verfasser (DE-588)12456495X aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.> NBER working paper series 12750 (DE-604)BV002801238 12750 http://papers.nber.org/papers/w12750.pdf kostenfrei Volltext |
| spellingShingle | Aizenman, Joshua 1949- Kletzer, Kenneth Pinto, Brian 1954- Economic growth with constraints on tax revenues and public debt implications for fiscal policy and cross-country differences |
| title | Economic growth with constraints on tax revenues and public debt implications for fiscal policy and cross-country differences |
| title_auth | Economic growth with constraints on tax revenues and public debt implications for fiscal policy and cross-country differences |
| title_exact_search | Economic growth with constraints on tax revenues and public debt implications for fiscal policy and cross-country differences |
| title_exact_search_txtP | Economic growth with constraints on tax revenues and public debt implications for fiscal policy and cross-country differences |
| title_full | Economic growth with constraints on tax revenues and public debt implications for fiscal policy and cross-country differences Joshua Aizenman ; Kenneth Kletzer ; Brian Pinto |
| title_fullStr | Economic growth with constraints on tax revenues and public debt implications for fiscal policy and cross-country differences Joshua Aizenman ; Kenneth Kletzer ; Brian Pinto |
| title_full_unstemmed | Economic growth with constraints on tax revenues and public debt implications for fiscal policy and cross-country differences Joshua Aizenman ; Kenneth Kletzer ; Brian Pinto |
| title_short | Economic growth with constraints on tax revenues and public debt |
| title_sort | economic growth with constraints on tax revenues and public debt implications for fiscal policy and cross country differences |
| title_sub | implications for fiscal policy and cross-country differences |
| url | http://papers.nber.org/papers/w12750.pdf |
| volume_link | (DE-604)BV002801238 |
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