When Interest Rates Go Low, Should Public Debt Go High?
收藏NBER2021-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w28951
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资源简介：
Is deficit finance free when real borrowing rates are routinely lower than growth rates? Specifically, can the government make all generations better off by perpetually taking from the young and giving to the old? We study this question in stochastic closed- and open-economy OLG models.
提供机构：
美国国家经济研究局
创建时间：
2021-06-01
