Government debt, budget surplus, and popularity of politicians

DOI10.1023/A:1022641015215MaRDI QIDQ1265047zbMATH OpenOpenAlexFDO

Authors Alexia Prskawetz

Publication date 28 February 1999

Published in Journal of Optimization Theory and Applications (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1023/a:1022641015215

zbMATH Keywords

Hopf bifurcationoptimal fiscal policypositive theory

Mathematics Subject Classification ID

Voting theory (91B12) Economic growth models (91B62) Macroeconomic theory (monetary models, models of taxation) (91B64) Application models in control theory (93C95)

Recommendations

• A Positive Theory of Fiscal Deficits and Government Debt
• OPTIMAL LONG-RUN BUDGETARY POLICIES SUBJECT TO THE MAASTRICHT CRITERIA OR A STABILITY PACT
• Politicians, taxes and debt
• Optimal control theory and the reelection problem: The rise of a political business cycle
• On the stability and potential cyclicity of corruption in governments subject to popularity constraints

Cites work

• Continuation techniques and interactive software for bifurcation analysis of ODEs and iterated maps
• scientific article; zbMATH DE number 3991198 (Why is no real title available?)
• scientific article; zbMATH DE number 4098590 (Why is no real title available?)
• scientific article; zbMATH DE number 3743640 (Why is no real title available?)
• Limit cycles in intertemporal adjustment models. Theory and applications
• On the optimality of limit cycles in dynamic economic systems
• Pathways to Hopf bifurcations in dynamic continuous-time optimization problems

Cited in

(6)

• Political alternation and the fiscal deficits
• Political power and the credibility of government debt
• A Positive Theory of Fiscal Deficits and Government Debt
• Politicians, taxes and debt
• OPTIMAL LONG-RUN BUDGETARY POLICIES SUBJECT TO THE MAASTRICHT CRITERIA OR A STABILITY PACT
• Public versus Private Retirement Pensions: A Stackelberg Differential Game

Describes a project that uses

Uses Software

• Mathematica
• LOCBIF

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