Public Debt and Economic Growth

by Bettina Fincke and Alfred A. Greiner

Book Overview

Starting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarantee sustainability of public debt. The book first elaborates on that principle from a theoretical point of view and then tests whether empirical evidence for that rule can be found. Additional tests are implemented to gain further evidence on sustainability of public debt. In order to allow...

• Format: Hardcover
• Language: English
• ISBN: 3642017444
• ISBN13: 9783642017445
• Release Date: August 2009
• Publisher: Springer
• Length: 144 Pages
• Weight: 0.87 lbs.
• Dimensions: 0.4" x 6.1" x 9.2"