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Author : Michael Carlberg
Release : 1988-10
Genre : Business & Economics
Kind : eBook
Book Rating : 169/5 ( reviews)
Book Synopsis Public debt, taxation and government expenditures in a growing economy by : Michael Carlberg
Download or read book Public debt, taxation and government expenditures in a growing economy written by Michael Carlberg. This book was released on 1988-10. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Michael Carlberg
Release : 1986
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis The Government and Economic Growth by : Michael Carlberg
Download or read book The Government and Economic Growth written by Michael Carlberg. This book was released on 1986. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Alfred Greiner
Release : 2014-10-14
Genre : Business & Economics
Kind : eBook
Book Rating : 487/5 ( reviews)
Book Synopsis Public Debt, Sustainability and Economic Growth by : Alfred Greiner
Download or read book Public Debt, Sustainability and Economic Growth written by Alfred Greiner. This book was released on 2014-10-14. Available in PDF, EPUB and Kindle. Book excerpt: 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 models with complete labor markets as well as taking into account labor market imperfections. The focus in this book is on fiscal policy issues, but it also deals with monetary policy aspects. The theoretical analysis is complemented with empirical time series analyses on debt sustainability and with panel studies dealing with the relationship between public debt and economic growth.
Author :
Release : 1974
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis The Economics of public finance by :
Download or read book The Economics of public finance written by . This book was released on 1974. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Michael Carlberg
Release : 2012-12-06
Genre : Business & Economics
Kind : eBook
Book Rating : 655/5 ( reviews)
Book Synopsis Sustainability and Optimality of Public Debt by : Michael Carlberg
Download or read book Sustainability and Optimality of Public Debt written by Michael Carlberg. This book was released on 2012-12-06. Available in PDF, EPUB and Kindle. Book excerpt: Public debt seems to be one of the great issues of the nineties. The United States have turned from the largest creditor of the world to the largest debtor, due to dramatic budget deficits. The European Union tries to build dams against the flood, see the treaty of Maastricht. And in Germany, public debt tends to explo de, doubling within a few years. The reason for this is the immense cost of Ger man unification. I had many helpful talks with my colleague Michael Schmid (now at Bam berg). In addition, Michael Brauninger and Philipp Lichtenauer carefully discus sed with me all parts of the manuscript. Last but not least, Doris Ehrich typed the manuscript as excellently as ever. I would like to thank all of them. Contents INTRODUCTION 3 5 BRIEF SURVEY OF THE LITERATURE PART I. CLOSED ECONOMY 9 CHAPTER I. SOLOW MODEL 11 1. Fixed Deficit Ratio 11 1. 1. Simple Model 11 1. 2. Short-Run Equilibrium 12 1. 3. Long-Run Equilibrium 14 1. 4. Optimal Deficit Ratio 18 1. 5. Optimal Saving Ratio 20 1. 6. Stability 21 1. 7. Shocks 23 1. 8. Budget Surplus 29 1. 9. Numerical Example 32 1. 10. Summary 37 2. Fixed Tax Rate 38 2. 1. Simple Model 38 2. 2. Short-Run Equilibrium 39 2. 3. Long-Run Equilibrium 40 2. 4. Stability 45 2. 5. Shocks 48 2. 6. Optimal Tax Rate 56 2. 7. Optimal Saving Ratio 57 2. 8. Numerical Example 58 2. 9.
