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Fiscal Policy and the Mehra-Prescott Puzzle: On the Welfare Implications of Budget Deficits When Real Interest Rates Are Low

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Author Info
Bohn, Henning

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Abstract

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Publisher Info
Article provided by Blackwell Publishing in its journal Journal of Money, Credit and Banking.

Volume (Year): 31 (1999)
Issue (Month): 1 (February)
Pages: 1-13
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Handle: RePEc:mcb:jmoncb:v:31:y:1999:i:1:p:1-13

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0022-2879

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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)
  1. Coleman Bazelon & Kent Smetters, 1999. "Discounting Inside the Washington D.C. Beltway," Journal of Economic Perspectives, American Economic Association, vol. 13(4), pages 213-228, Fall. [Downloadable!] (restricted)
  2. Laurence Ball & Douglas W. Elmendorf & N. Gregory Mankiw, 1995. "The Deficit Gamble," NBER Working Papers 5015, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. Barbie, Martin & Hagedorn, Marcus & Kaul, Ashok, 2001. "Government Debt as Insurance against Macroeconomic Risk," IZA Discussion Papers 412, Institute for the Study of Labor (IZA). [Downloadable!]
  4. Henning Bohn, . "Social Security Reform and Financial Markets (Download the Postscript Version)," University of California Santa Barbara - Department of Economics 10-97, California Santa Barbara - Department of Economics. [Downloadable!]
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This page was last updated on 2008-6-21.


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