Default on sustainable public debt: illiquidity suspect convicted

DOI10.1016/J.ECONLET.2003.08.002zbMath1254.91366OpenAlexW2048119619MaRDI QIDQ1927423

Kim Huynh, Radu Vranceanu, Damien Besancenot

Publication date: 1 January 2013

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2003.08.002

zbMATH Keywords

rational expectationssustainabilitypublic debtilliquidityrisk of default

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• Government Ponzi games and the sustainability of public deficits under uncertainty

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