Explicit formula for the optimal government debt ceiling

DOI10.1007/s10479-015-2052-9zbMath1356.93096OpenAlexW2217046481MaRDI QIDQ513084

Abel Cadenillas, Ricardo Huamán-Aguilar

Publication date: 3 March 2017

Published in: Annals of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10479-015-2052-9

zbMATH Keywords

government debt ceilinggovernment debt controlgovernment debt ratiostochastic singular control

Mathematics Subject Classification ID

Related Items (10)

On the singular control of exchange rates ⋮ On the Optimal Management of Public Debt: a Singular Stochastic Control Problem ⋮ Market-reaction-adjusted optimal central bank intervention policy in a forex market with jumps ⋮ A survey of numerical solutions for stochastic control problems: some recent progress ⋮ A stochastic control approach to public debt management ⋮ Debt redemption fund and fiscal incentives ⋮ Optimal reduction of public debt under partial observation of the economic growth ⋮ A finite difference scheme for variational inequalities arising in stochastic control problems with several singular control variables ⋮ Formulation and solution of an optimal control problem for industrial project control ⋮ Optimal Control of Debt-to-GDP Ratio in an $N$-State Regime Switching Economy

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