Sustainability and Optimality of Public Debt formatIsbn:Softcover - 9783642446306 Chapter 6 looks at process

Chapter 6 looks at process modeling by solving differential and integral equations

- Dusktrain of the Underground Railroad

dem Kaiserreich

Die Menscheit hat den größten Teil ihrer Geschichte im Status dieser soziökonomischen Anpassung an ihre Umwelt verbracht

Sustainability and Optimality of Public Debt formatIsbn:Softcover - 9783642446306 Chapter 6 looks at processThis book studies the sustainability and optimality of public debt under different scenarios: the closed economy, the small open economy, and a two country setting. Sustainability refers to the existence and the stability of the long run equilibrium. Optimality relates to the path of public debt that maximizes discounted utility. The analysis is conducted within the framework of the Solow model, the overlapping generations model and the infinite