Public Debt and Endogenous Growth

作者: Michael Bräuninger

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摘要: 1 Introduction.- I The Closed Economy with AK Production.- 2 Solow Model.- 2.1 2.2 Fixing the Deficit Ratio.- 2.2.1 2.2.2 Stability.- 2.2.3 Some Shocks.- 2.2.4 Summary.- 2.3 Tax Rate.- 2.3.1 2.3.2 2.3.3 2.3.4 2.4 Optimal 2.4.1 2.4.2 2.4.3 2.4.4 3 Overlapping Generations 3.1 3.2 3.2.1 3.2.2 3.2.3 A Balanced Budget.- 3.2.4 An Increase in 3.2.5 3.3 3.3.1 3.3.2 3.3.3 II Human Capital and Innovations Economy.- 4 Augmented 4.1 4.2 4.2.1 4.2.2 4.2.3 4.2.4 4.3 4.3.1 4.3.2 Cut.- 4.3.3 5 Romer 5.1 5.2 5.2.1 5.2.2 5.2.3 5.2.4 5.3 5.3.1 5.3.2 5.3.3 III Open 6 Model of Small 6.1 6.2 6.2.1 Perfect Mobility.- 6.2.2 High-Productivity Country.- 6.2.3 6.2.4 Low-Productivity 6.2.5 6.2.6 6.2.7 6.3 6.3.1 6.3.2 6.3.3 7 a Two-Country World.- 7.1 7.2 7.2.1 7.2.2 7.2.3 7.2.4 7.3 7.3.1 7.3.2 7.3.3 8 Conclusion.- 8.1 8.2 8.3 9 Result.- Symbols.- References.

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