Public Debt and Economic Growth |
|
| Author:
| Greiner, Alfred |
| Series title: | Dynamic Modeling and Econometrics in Economics and Finance Ser. |
| ISBN: | 978-1-282-29236-9 |
| Publication Date: | Jun 2010 |
| Publisher: | Springer
|
| Book Format: | Ebook |
| List Price: | USD $318.00 |
Book Description:
|
Presents an observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarantee sustainability of public debt. The book elaborates on that principle from a theoretical point of view and then tests whether empirical evidence for that rule can be found.
Presents an observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarantee sustainability of public debt. The book elaborates on that principle from a theoretical point of view and then tests whether empirical evidence for that rule can be found.