Deficit, monetization, and economic growth: a case for multiplicity and indeterminacy

DOI10.1007/S00199-017-1040-5zbMath1403.91242OpenAlexW2594885274MaRDI QIDQ722609

Maxime Menuet, Alexandru Minea, Patrick Villieu

Publication date: 27 July 2018

Published in: Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s00199-017-1040-5

zbMATH Keywords

endogenous growthindeterminacypublic debtdeficitmonetization

Mathematics Subject Classification ID

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

Related Items (3)

Monetary rules in a two-sector endogenous growth model ⋮ Comparing recursive equilibrium in economies with dynamic complementarities and indeterminacy ⋮ Reputation and the ``need for enemies

Cites Work

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• A general two-sector model of endogenous growth with human and physical capital: Balanced growth and transitional dynamics
• PERSISTENT DEFICIT, GROWTH, AND INDETERMINACY
• Inflation and Welfare
• Fiscal Policy in an Endogenous Growth Model
• Money and Growth: The Case of Long Run Perfect Foresight
• Dynamics in a transactions-based monetary growth model

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