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Debt, Deficits and Finite Horizons

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NBER1984-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1389
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Many issues in macroeconomics, such as the level of the steady state interest rate, or the dynamic effects of government deficit finance, depend crucially on the horizon of economic agents. This paper develops a simple analytical model in which such issues can be examined and in which the horizon of
创建时间:
1984-06-01
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