Showing 1 - 10 of 360
Persistent link: https://www.econbiz.de/10000713545
Persistent link: https://www.econbiz.de/10001085014
We consider a model in which the level of taxes and seignorage are too low to finance government expenditures and debt service. Government debt will therefore grow without bound, implying the eventual need to change policy. Starting with utility maximization, we analyze the effect of the...
Persistent link: https://www.econbiz.de/10012477065
We consider a model in which the level of taxes and seignorage are too low to finance government expenditures and debt service. Government debt will therefore grow without bound, implying the eventual need to change policy. Starting with utility maximization, we analyze the effect of the...
Persistent link: https://www.econbiz.de/10013221975
Persistent link: https://www.econbiz.de/10001329030
Persistent link: https://www.econbiz.de/10000082409
Persistent link: https://www.econbiz.de/10000762229
Persistent link: https://www.econbiz.de/10001090888
Persistent link: https://www.econbiz.de/10009572677