Artus, Patrick - In: Revue économique 52 (2001) 6, pp. 1251-1278
The balanced budget proposal which has been done in the United States, and which also appears in the Stability Pact devised for the Monetary Union in Europe, leads, in the long run, to a disappearance of the stock of public debt. We show that the absence of public debt is perhaps not an optimal...
