The sustainability of bond-financed deficits: An overlapping generations approach
Tài liệu tham khảo
Aiyagari, S.R., 1985. Deficits, interest rates, and the tax distribution. Federal Reserve Bank of Minneapolis Quarterly Review, 9 (1) 5–14.
Auerbach, 1987
Azariadis, 1993
Barro, 1979, On the determination of the public debt, Journal of Political Economy, 87, 940, 10.1086/260807
Barro, 1989, The Ricardian approach to budget deficits, Journal of Economic Perspectives, 3, 37, 10.1257/jep.3.2.37
Blanchard, 1985, Debt, deficits, and finite horizons, Journal of Political Economy, 93, 223, 10.1086/261297
Blanchard, 1990, The sustainability of fiscal policy: new answers to an old question, OECD Economic Studies, 15, 8
Bullard, J., Russell, S., 1993. Monetary steady states in a low interest rate economy. Federal Reserve Bank of St. Louis Working Paper.
Chalk, N., 1995. The impact of growth on the sustainability of fiscal deficits. Ph.D. Dissertation, UCLA (Chapter 3).
Cubeddu, 1994
Darby, M., 1985. Some pleasant monetarist arithmetic. Federal Reserve Bank of Minneapolis Quarterly Review 9 (1) 32–43.
Devaney, R., 1989. An Introduction to Chaotic Dynamical Systems. Addison-Wesley, Reading, MA.
Diamond, 1965, National debt in a neoclassical growth model, American Economic Review, 55, 1126
Evans, 1985, Do large deficits produce high interest rates?, American Economics Review, 75, 68
Evans, 1987, Do budget deficits raise nominal interest rates: evidence from six countries, Journal of Monetary Economics, 20, 281, 10.1016/0304-3932(87)90017-1
Farmer, 1986, Deficits and cycles, Journal of Economic Theory, 40, 77, 10.1016/0022-0531(86)90008-6
Gale, D., 1973. Pure exchange equilibrium of dynamic economic models. Journal of Economic Theory 18, 12–36.
Hansen, 1993, The cyclical and secular behavior of the labor input: comparing efficiency units and hours worked, Journal of Applied Econometrics, 8, 71, 10.1002/jae.3950080106
Ibbotson, R., Sinquefield, R., 1987. Stocks, Bonds, Bills, and Inflation: Historical Returns. Research Foundation of the Institute of Chartered Financial Analysts.
Juster, 1991, The allocation of time: empirical findings, behavioral models, and problems of measurement, Journal of Economic Literature, 29, 471
Kehoe, 1990, Indeterminacy in applied intertemporal general equilibrium models, 111
Kremers, 1989, U.S. federal indebtedness and the conduct of fiscal policy, Journal of Monetary Economics, 23, 219, 10.1016/0304-3932(89)90049-4
McCallum, 1984, Are bond financed deficits inflationary?, A Ricardian analysis. Journal of Political Economy, 92, 123, 10.1086/261211
Miller, 1985, Some pleasant monetarist arithmetic: a reply, Federal Reserve Bank of Minneapolis Quarterly Review, 8, 21
O'Connell, S., Zeldes, S., 1988. Rational Ponzi games. International Economic Review, 29(3) 431–450.
Rios-Rull, 1996, Life cycle economies and aggregate fluctuations, Review of Economic Studies, 63, 465, 10.2307/2297891
Sargent, T., Wallace, N., 1981. Some unpleasant monetarist arithmetic. Federal Reserve Bank of Minneapolis Quarterly Review 5, 1–17.
Tirole, 1985, Asset bubbles and overlapping generations, Econometrica, 53, 1499, 10.2307/1913232
Weil, 1987, Permanent budget deficits and inflation, Journal of Monetary Economics, 20, 393, 10.1016/0304-3932(87)90022-5
Welch, 1979, Effects of cohort size on earnings: the baby boom babies financial bust, Journal of Political Economy, 87, s65, 10.1086/260823
