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Fiscal policy, public debt and the term structure of interest rates

Author: Roland Demmel
Publisher: Berlin ; New York : Springer, ©1999.
Dissertation: Ph. D. University of Saarbrücken, Germany 1999
Series: Lecture notes in economics and mathematical systems, 476.
Edition/Format:   Thesis/dissertation : Thesis/dissertation : EnglishView all editions and formats
Summary:

Second, we review different strands of the economic literature in order to show that most of the literature has so far exclusively concentrated either on fmancial market dynamics or on flScal policy  Read more...

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Material Type: Thesis/dissertation, Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Roland Demmel
ISBN: 354066243X 9783540662433
OCLC Number: 41641374
Description: x, 279 pages : illustrations ; 24 cm.
Contents: 1. Introduction --
2. The basic deterministic macroeconomic model. Basic structure of the economy and the financial market. Decision problem of the representative household. Fiscal policy. General equilibrium. Capital accumulation, viability and economic growth. Public debt and deficit dynamics --
3. The basic stochastic macroeconomic model and the short-term interest rate dynamics. Basic structure of the economy and the financial market. Decision problem of the representative household. Fiscal policy. Stochastic general equilibrium. Stochastic dynamics and boundary behavior of the short-term interest rate. Transitional and asymptotic analysis of the short-term interest rate --
4. Term structure of interest rates and fiscal policy.
Series Title: Lecture notes in economics and mathematical systems, 476.
Responsibility: Roland Demmel.
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