Sustainability and Optimality of Public Debt D-79111 Freiburg Held at Scholß Ringberg

Held at Scholß Ringberg

By reading it

vor allem die Ausschlusstatbestände

Die vorliegende Arbeit beleuchtet die internationale Aufstellung und Umsetzung des im Völkerrecht verankerten Umweltrechts mit Blick auf die Meeresumwelt

Sustainability and Optimality of Public Debt D-79111 Freiburg Held at Scholß RingbergThis 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