Debt, deficits and finite horizons: the stochastic case

DOI10.1016/J.ECONLET.2010.11.047zbMATH Open1211.91166OpenAlexW2001677970MaRDI QIDQ533933FDOQ533933

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

Recommendations

• Infinite Horizon Incomplete Markets
• Optimality in stochastic OLG models: theory for tests
• MAXIMUM SUSTAINABLE GOVERNMENT DEBT IN THE PERPETUAL YOUTH MODEL
• Debt and deficit fluctuations and the structure of bond markets
• INCOMPLETE MARKETS IN INFINITE HORIZON: DEBT CONSTRAINTS VERSUS NODE PRICES¹

zbMATH Keywords

overlapping generationspricing kernelaggregate uncertaintyperpetual youth model

Mathematics Subject Classification ID

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

Cited In (8)

• Infinite-maturity public debt and the fiscal theory of the price level
• Title not available (Why is that?)
• Public debt dynamics under ambiguity by means of iterated function systems on density functions
• On the (de)stabilizing effect of public debt in a Ramsey model with heterogeneous agents
• Finite lifetimes, long-term debt and the fiscal limit
• The interaction of debt financing, cash grants and the optimal investment policy under uncertainty
• The macroeconomic implications of deficit financing under present bias
• Infinite debt rollover in stochastic economies

This page was built for publication: Debt, deficits and finite horizons: the stochastic case

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q533933)