AK-Modell mit Staatsverschuldung und fester Defizitquote

Julia Bersch

The effects of public debt on economic growth are analyzed in an augmented neoclassical growth model with AK-technology. The objective of the government is a fixed deficit ratio and in the long run a constant debt ratio. Then there is a critical deficit ratio and if the deficit ratio falls below it, a unique, stable steady state exists. If the critical value is exceeded, there is no steady state.

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Year of publication:	July 2004
Other Persons:	Bersch, Julia (contributor)
Publisher:	Bamberg : Univ., Volkswirtschaftliche Forschungsstelle
Subject:	Öffentliche Schulden \| Public debt \| Haushaltsdefizit \| Budget deficit \| Wachstumstheorie \| Growth theory \| Neoklassisches Wachstumsmodell \| Neoclassical growth model \| Theorie \| Theory

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Extent:	Online-Ressource, 26 p., text ill
Series:	BERG working paper series. - Bamberg : BERG, ZDB-ID 2135316-5. - Vol. 48
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	German
Notes:	Zsfassung in engl. Sprache Systemvoraussetzungen: Acrobat reader
ISBN:	3-931052-44-3
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10002174082