Explicit formula for the optimal government debt ceiling

DOI10.1007/s10479-015-2052-9zbMath1356.93096OpenAlexW2217046481MaRDI QIDQ513084

Abel Cadenillas, Ricardo Huamán-Aguilar

Publication date: 3 March 2017

Published in: Annals of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10479-015-2052-9

zbMATH Keywords

government debt ceilinggovernment debt controlgovernment debt ratiostochastic singular control

Mathematics Subject Classification ID

Stochastic ordinary differential equations (aspects of stochastic analysis) (60H10) Stochastic models in economics (91B70) Optimal stochastic control (93E20)

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