Myopic governments and welfare-enhancing debt limits

DOI10.1016/j.jedc.2013.10.008zbMath1402.91327OpenAlexW3125603167MaRDI QIDQ1994316

M. Rieth

Publication date: 1 November 2018

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2013.10.008

zbMATH Keywords

social welfarefiscal constraintsdebt biasmyopic governmentsstability and growth pact

Mathematics Subject Classification ID

Economic growth models (91B62) General equilibrium theory (91B50) Economic dynamics (91B55)

Cites Work

• The macroeconomics of fiscal consolidations in euro area countries
• Solving dynamic general equilibrium models using a second-order approximation to the policy function
• A Positive Theory of Fiscal Deficits and Government Debt

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