DEBT POLICY RULE, PRODUCTIVE GOVERNMENT SPENDING, AND MULTIPLE GROWTH PATHS

DOI10.1017/S1365100508070235zbMath1144.91340MaRDI QIDQ3529444

Koichi Futagami, Tatsuro Iwaisako, Ryoji Ohdoi

Publication date: 13 October 2008

Published in: Macroeconomic Dynamics (Search for Journal in Brave)

zbMATH Keywords

multiple equilibriaendogenous growthpublic expendituredebt policy

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Economic growth models (91B62)

Related Items (8)

ZERO NOMINAL INTEREST RATES, UNEMPLOYMENT, EXCESS RESERVES AND DEFLATION IN A LIQUIDITY TRAP ⋮ Introduction to financial frictions and debt constraints ⋮ Fiscal policy, debt constraint and expectations-driven volatility ⋮ Demographic change and real house prices: a general equilibrium perspective ⋮ Advances in growth and macroeconomic dynamics: \textit{in memory of Carine Nourry} ⋮ Growth and instability in a small open economy with debt ⋮ PERSISTENT DEFICIT, GROWTH, AND INDETERMINACY ⋮ ARE FISCAL SUSTAINABILITY AND STABLE BALANCED GROWTH EQUILIBRIUM SIMULTANEOUSLY ATTAINABLE?

Cites Work

• An endogenous growth model with public capital and government borrowing
• Public capital and patterns of growth in the presence of threshold externalities
• FISCAL POLICY IN A GROWING ECONOMY WITH PUBLIC CAPITAL
• Dynamic Analysis of an Endogenous Growth Model with Public Capital

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