Investment Cycles and Sovereign Debt Overhang
收藏NBER2007-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13353
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资源简介：
We characterize optimal taxation of foreign capital and optimal sovereign debt policy in a small open economy where the government cannot commit to policy and seeks to insure a risk averse domestic constituency. The expected tax on capital is shown to vary with the state of the economy, generating
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美国国家经济研究局创建时间：
2007-08-01
