LEADER 04365nam 22008055 450 001 9910298514203321 005 20200919070405.0 010 $a3-319-09348-7 024 7 $a10.1007/978-3-319-09348-2 035 $a(CKB)3710000000262016 035 $a(EBL)1965256 035 $a(OCoLC)894114754 035 $a(SSID)ssj0001372225 035 $a(PQKBManifestationID)11890725 035 $a(PQKBTitleCode)TC0001372225 035 $a(PQKBWorkID)11301532 035 $a(PQKB)11349339 035 $a(DE-He213)978-3-319-09348-2 035 $a(MiAaPQ)EBC1965256 035 $a(PPN)182093700 035 $a(EXLCZ)993710000000262016 100 $a20141014d2015 u| 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aPublic Debt, Sustainability and Economic Growth $eTheory and Empirics /$fby Alfred Greiner, Bettina Fincke 205 $a1st ed. 2015. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2015. 215 $a1 online resource (284 p.) 300 $aDescription based upon print version of record. 311 $a3-319-09347-9 320 $aIncludes bibliographical references and index. 327 $aIntroduction -- Sustainable Public Debt: Theory and Empirical Evidence -- Debt and Growth: A Basic Endogenous Growth Model -- Productive Government Spending, Public Debt and Growth -- Government Debt and Human Capital Formation -- Debt and Growth: Empirical Evidence -- Conclusion. 330 $aPublic debt has become a severe problem for a great many economies. While the effects of tax policies on the allocation of resources are readily derived, the mechanisms that make public deficits and debt influence the economy are not so easily understood. This book elaborates on the effects of public debt starting from the intertemporal budget constraint of the government. It is shown under which conditions a government can stick to the intertemporal budget constraint, and, then, demonstrated how public debt affects the growth process and welfare in market economies. The effects are derived for models with complete labor markets as well as taking into account labor market imperfections. The focus in this book is on fiscal policy issues, but it also deals with monetary policy aspects. The theoretical analysis is complemented with empirical time series analyses on debt sustainability and with panel studies dealing with the relationship between public debt and economic growth. 606 $aEconomic growth 606 $aMacroeconomics 606 $aDevelopment economics 606 $aPublic finance 606 $aEconomic theory 606 $aPolitical economy 606 $aEconomic Growth$3https://scigraph.springernature.com/ontologies/product-market-codes/W44000 606 $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000 606 $aDevelopment Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W42000 606 $aPublic Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W34000 606 $aEconomic Theory/Quantitative Economics/Mathematical Methods$3https://scigraph.springernature.com/ontologies/product-market-codes/W29000 606 $aInternational Political Economy$3https://scigraph.springernature.com/ontologies/product-market-codes/912140 615 0$aEconomic growth. 615 0$aMacroeconomics. 615 0$aDevelopment economics. 615 0$aPublic finance. 615 0$aEconomic theory. 615 0$aPolitical economy. 615 14$aEconomic Growth. 615 24$aMacroeconomics/Monetary Economics//Financial Economics. 615 24$aDevelopment Economics. 615 24$aPublic Economics. 615 24$aEconomic Theory/Quantitative Economics/Mathematical Methods. 615 24$aInternational Political Economy. 676 $a330 676 $a330.1 676 $a336 676 $a338.9 700 $aGreiner$b Alfred$4aut$4http://id.loc.gov/vocabulary/relators/aut$01061707 702 $aFincke$b Bettina$4aut$4http://id.loc.gov/vocabulary/relators/aut 906 $aBOOK 912 $a9910298514203321 996 $aPublic Debt, Sustainability and Economic Growth$92519755 997 $aUNINA