Similar Search Results

Heterogeneous dynasties and the political economy of public debt

De Walque, Gregory; Gevers, Louis - In: The Scandinavian journal of economics 103 (2001) 3, pp. 369-389

Persistent link: https://www.econbiz.de/10001617460

Fiscal deficits as a source of boom and bust under a common currency

Ganelli, Giovanni; Rankin, Neil - 2018

Persistent link: https://www.econbiz.de/10011869312

Low altruism, austerity, and aversion to default : are countries converging to the natural debt limit?

Bohn, Henning - 2013

reflecting low altruism - a discount rate on children's utility greater than the world interest rate - and I examine the … spending on debt and retiree entitlements. In the model, altruism towards children determines bequests, government debt, and … the time-path of consumption. Altruism towards parents influences incentives to default. If altruism is low, voters demand …

Persistent link: https://www.econbiz.de/10009753002

Comparing budget repair measures for a small open economy with growing debt

Kudrna, George; Tran, Chung - 2016

Persistent link: https://www.econbiz.de/10011748884

Fiscal policy, composition of intergenerational transfers, and income distribution

Alonso-Carrera, Jaime; Caballé, Jordi; … - 2010

Persistent link: https://www.econbiz.de/10003978281

Fiscal Policy, Composition of Intergenerational Transfers, and Income Distribution

Alonso-Carrera, Jaime - 2010

In this paper, we characterize the relationship between the initial distribution of human capital and physical inheritances among individuals and the long-run distribution of these two variables. In a model with indivisible investment in education, we analyze how the initial distribution of...

Persistent link: https://www.econbiz.de/10013138656