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🔗 Source: personal.lse.ac.uk
📊 Size: 3.72 MB
📄 Pages: 42 pages
⬇️ Downloads: 79

Summary

The constraint on public debt when r < g but g < m is discussed, focusing on debt dynamics, notation, and mathematics, including integral form and conventional analysis with d=r, highlighting issues with debt sustainability measurement and forecasting, and proposing the use of returns to capital (mt) instead of returns to debt.

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Description

The constraint on public debt when r < g but g < m is discussed, focusing on debt dynamics, notation, and mathematics, including integral form and conventional...

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  • File Format: PDF
  • File Size: 3.72 MB
  • Pages: 42
  • Language: EN
  • Total Downloads: 79
  • Last Updated: 3 hours ago

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