What Has Financed Government Debt?
收藏NBER2007-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13425
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资源简介：
Dynamic rational expectations models imply that the real value of debt in the hands of the public must be equal to the expected present-value of surpluses. We impose this equilibrium condition on an identified VAR and characterize the way in which the present-value support of debt varies across
提供机构：
美国国家经济研究局
创建时间：
2007-09-01
