Fiscal Policy in Debt Constrained Economies
收藏NBER2011-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w17457
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资源简介：
We study optimal fiscal policy in a small open economy (SOE) with sovereign and private default risk. The SOE's government uses linear taxation to fund exogenous expenditures and uses public debt to inter-temporally allocate tax distortions. We characterize a class of environments in which the tax
提供机构：
美国国家经济研究局
创建时间：
2011-09-01
