Debt, deficits and finite horizons: the stochastic case

DOI10.1016/J.ECONLET.2010.11.047MaRDI QIDQ533933zbMATHOpenAlexFDO

Authors Roger E. A. Farmer, Carine Nourry, Alain Venditti

Publication date 10 May 2011

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL http://www.nber.org/papers/w15025.pdf

zbMATH Keywords

overlapping generationspricing kernelaggregate uncertaintyperpetual youth model

Mathematics Subject Classification ID

Economic dynamics (91B55) Stochastic models in economics (91B70)

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Cited in

(8)

• The macroeconomic implications of deficit financing under present bias
• On the (de)stabilizing effect of public debt in a Ramsey model with heterogeneous agents
• scientific article; zbMATH DE number 2000763 (Why is no real title available?)
• Finite lifetimes, long-term debt and the fiscal limit
• Infinite debt rollover in stochastic economies
• Public debt dynamics under ambiguity by means of iterated function systems on density functions
• Infinite-maturity public debt and the fiscal theory of the price level
• The interaction of debt financing, cash grants and the optimal investment policy under uncertainty

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