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Political Economy of Government Debt: Symposium: Revised Papers

Political Economy of Government Debt: Symposium: Revised Papers

Hardcover

Series: Contributions to Economic Analysis, Book 219

EconomicsInvesting & Finance

ISBN10: 0444890521
ISBN13: 9780444890528
Publisher: Emerald Pub Ltd
Published: Jul 14 1993
Pages: 340
Weight: 1.44
Height: 0.81 Width: 6.14 Depth: 9.21
Language: English
This analysis of the political economy of government debt is divided into two parts. The first part deals with theoretical issues. Topics covered include: behavioural aspects; long term debt strategy; the political economy of redistribution; a model of intergenerational redistribution; the relationship between social security and the deficit in the US; the consequences of endogenous technology; and budgetary and monetary issues related to European integration. The second part of the volume concerns empirical applications, including the empirical relevance of the notion of debt neutrality; the management of the nominal government debt; the global linkages between interest rates and public debt; functional finance; some positive theories of government debt; and suggestions for fiscal indicators.

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