Public debt and total factor productivity

DOI10.1007/S00199-015-0900-0MaRDI QIDQ255167zbMATH OpenOpenAlexFDO

Authors Leo Kaas

Publication date 9 March 2016

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL http://www.uni-konstanz.de/FuF/wiwi/workingpaperseries/WP_22_Kaas_2014.pdf

zbMATH Keywords

credit constraintsdynamic inefficiencysustainable deficitsunbacked public debt

Mathematics Subject Classification ID

Economic growth models (91B62)

Recommendations

• Persistent deficit, growth, and indeterminacy
• The public debt multiplier
• Public debt, sustainability and economic growth. Theory and empirics
• Sustainable public debt and economic growth under wage rigidity
• Public debt and economic growth

Cites work

• Asset Bubbles and Overlapping Generations
• Bubbles and Self-Enforcing Debt
• Capital market imperfections in a monetary growth model
• Injecting rational bubbles
• Is dynamic general equilibrium a theory of everything?
• On existence and bubbles of Ramsey equilibrium with borrowing constraints
• Self-fulfilling credit cycles

Cited in

(5)

• Introduction to the symposium on bubbles, multiple equilibria, and economic activities
• Public debt and economic growth
• The public debt multiplier
• Public debt and macroeconomic activity: a predictive analysis for advanced economies
• Debt in the US economy

This page was built for publication: Public debt and total factor productivity

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q255167)