Existence, multiplicity and policy prescriptions for debt sustainability in an OLG model with fiscal policy and debt

DOI10.1007/s10203-020-00284-wzbMath1466.91198OpenAlexW3031632933MaRDI QIDQ2026538

Lorenzo Cerboni Baiardi, Ahmad K. Naimzada

Publication date: 19 May 2021

Published in: Decisions in Economics and Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10203-020-00284-w

zbMATH Keywords

fiscal rulesfiscal sustainabilitybond-financed deficit

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Cites Work

• The composition of government expenditure and its consequences for macroeconomic performance
• Dynamic adjustment of fiscal policy under a debt crisis
• PERSISTENT DEFICIT, GROWTH, AND INDETERMINACY
• Asset Bubbles and Overlapping Generations

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