Public Debt and Economic Growth

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 empiri...

Full description

Bibliographic Details
Main Authors: Greiner, Alfred, Fincke, Bettina (Author)
Format: eBook
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2009, 2009
Edition:1st ed. 2009
Series:Dynamic Modeling and Econometrics in Economics and Finance
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • and Overview
  • Sustainability of Public Debt
  • Public Debt and Economic Growth: A Theoretical Model
  • Public Debt, Productive Public Spending and Economic Growth with Full Employment
  • The Role of Real Wage Rigidity and Unemployment
  • Conclusion