Laussel, Didier; Soubeyran, Antoine - In: Revue Économique 38 (1987) 1, pp. 55-74
[eng] Optimal adjustment policies of a small open indebted economy : an introduction. . Optimal control of economies with external debt above its long run target level is studied and time-inconsistent and time-consistent optimal policies are derived successively. Every optimal policy entails...