Sustainability and Optimality of Public Debt

Sustainability and Optimality of Public Debt

by Michael Carlberg, Arne Hansen

Hardcover(2nd ed. 2013)

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Product Details

ISBN-13: 9783642329661
Publisher: Springer Berlin Heidelberg
Publication date: 12/14/2012
Edition description: 2nd ed. 2013
Pages: 212
Product dimensions: 6.10(w) x 9.25(h) x 0.02(d)

About the Author

Michael Carlberg is Professor at Helmut Schmidt University in Hamburg, Germany. His research is on Macroeconomics, Monetary Economics, and International Economics.

Arne Hansen is research assistant at Helmut Schmidt University in Hamburg, Germany. His research is on Economic Growth, Public Debt, and International Economics.

Table of Contents

Introduction.- A Brief Survey of the Literature.- The Closed Economy: The Solow Model.- Overlapping Generations.- Infinite Horizon.- The Small Open Economy: The Solow Model.- Overlapping Generations.- Two Countries: The Solow Model.- Synopsis.- Conclusion.- Result.

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