Mulligan, Casey B. (contributor); Gil, Ricard (contributor); … - 2002 - [Elektronische Ressource]
theory of the public debt by suggesting that it is
efficient for tax distortions to be smoothed over time and showing what … kinds of public debt policy would
achieve that smoothing. Hence, he argues that the timing of government expenditure, and … determining the public debt, unless perhaps those political factors were otherwise
determining the key economic variables: the …