Debt Maturity: Is Long-Term Debt Optimal?
收藏NBER2007-05-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13119
下载链接
链接失效反馈官方服务：
资源简介：
We model and calibrate the arguments in favor and against short-term and long-term debt. These arguments broadly include: maturity premium, sustainability, and service smoothing. We use a dynamic equilibrium model with tax distortions and government outlays uncertainty, and model maturity as the
提供机构：
美国国家经济研究局
创建时间：
2007-05-01
