Asset Substitutability and the Impact of Federal Deficits
收藏NBER1983-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1082
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In this paper, the role of asset substitutability in determining the impact of debt-financed federal deficits is examined. The issues are first discussed in the context of a simple analytical model in which financial assets are disaggregated into money, federal debt,and corporate bonds. In this
提供机构:
美国国家经济研究局
创建时间:
1983-02-01



