A Positive Theory of Fiscal Deficits and Government Debt in a Democracy
收藏NBER1987-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2308
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资源简介：
This paper considers an economy in which policymakers with different preferences concerning fiscal policy alternate in office as a result of democratic elections. It is shown that in this situation government debt becomes a strategic variable used by each policymaker to influence the choices of his
提供机构：
美国国家经济研究局
创建时间：
1987-07-01
