Optimal Management of Indexed and Nominal Debt
收藏NBER1997-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w6197
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资源简介：
A tax-smoothing objective is used to assess the optimal consumption of public debt with respect to maturity and contingencies. This objective motivates the government to make its debt payout contingent on the levels of public outlay and the tax base. If these contingencies are present, but asset
提供机构：
美国国家经济研究局
创建时间：
1997-09-01
