Preface public debt seems to be one of the most important and controversial issues of our time in many countries large and persistent budget deficits have continu. This book studies the sustainability and optimality of public debt under different scenarios the closed economy the small open economy and a two country setting. 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 . Extra info for sustainability and optimality of public debt sample text here two situations can occur if 1 tr n then d d 0. Sustainability and optimality of public debt contributions to economics kindle edition by michael carlberg download it once and read it on your kindle device pc
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