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What Are the Costs of Excessive Deficits?

In: NBER Macroeconomics Annual 1988, Volume 3

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  • David Romer

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  • David Romer, 1988. "What Are the Costs of Excessive Deficits?," NBER Chapters, in: NBER Macroeconomics Annual 1988, Volume 3, pages 63-110, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberch:10952
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    1. Leiderman, Leonardo & Razin, Assaf, 1988. "Testing Ricardian Neutrality with an Intertemporal Stochastic Model," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 20(1), pages 1-21, February.
    2. Michael Cox, W., 1985. "The behavior of treasury securities monthly, 1942-1984," Journal of Monetary Economics, Elsevier, vol. 16(2), pages 227-250, September.
    3. Evans, Paul, 1985. "Do Large Deficits Produce High Interest Rates?," American Economic Review, American Economic Association, vol. 75(1), pages 68-87, March.
    4. Ballard, Charles L & Shoven, John B & Whalley, John, 1985. "General Equilibrium Computations of the Marginal Welfare Costs of Taxes in the United States," American Economic Review, American Economic Association, vol. 75(1), pages 128-138, March.
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    Cited by:

    1. A. Bovenberg & Ben Heijdra, 2002. "Environmental Abatement and Intergenerational Distribution," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 23(1), pages 45-84, September.
    2. Keuzenkamp, Hugo & van der Ploeg, Frederick, 1990. "Perceived Constraints for Dutch Unemployment Policy," CEPR Discussion Papers 438, C.E.P.R. Discussion Papers.
    3. Elmendorf, Douglas W. & Gregory Mankiw, N., 1999. "Government debt," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 25, pages 1615-1669, Elsevier.
    4. Ball, Laurence & Elmendorf, Douglas W & Mankiw, N Gregory, 1998. "The Deficit Gamble," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 30(4), pages 699-720, November.
    5. Gertler, Mark, 1999. "Government debt and social security in a life-cycle economy," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 50(1), pages 61-110, June.
    6. Brian Snowdon & Howard Vane, 1995. "New-Keynesian Economics Today: The Empire Strikes Back," The American Economist, Sage Publications, vol. 39(1), pages 48-65, March.
    7. Ramona Mariana Calinica, 2019. "Causes, Consequences and Ways of Financing the Budget Deficit," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 506-509.
    8. Paolo Pertile & Veronica Polin & Pietro Rizza & Marzia Romanelli, 2015. "The fiscal disadvantage of young Italians: a new view on consolidation and fairness," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 13(1), pages 27-51, March.
    9. Obstfeld, Maurice, 1989. "Fiscal deficits and relative prices in a growing world economy," Journal of Monetary Economics, Elsevier, vol. 23(3), pages 461-484, May.
    10. Pierre-Yves Hénin, 1997. "Soutenabilité des déficits et ajustements budgétaires," Revue Économique, Programme National Persée, vol. 48(3), pages 371-395.
    11. van de Klundert, T.C.M.J. & Gradus, R.H.J.M., 1990. "Optimal government debt under distortionary taxation," Other publications TiSEM 35f45f9e-fce9-4216-831d-7, Tilburg University, School of Economics and Management.
    12. David Card & Richard B. Freeman, 1993. "Introduction to "Small Differences That Matter: Labor Markets and Income Maintenance in Canada and the United States"," NBER Chapters, in: Small Differences That Matter: Labor Markets and Income Maintenance in Canada and the United States, pages 1-20, National Bureau of Economic Research, Inc.
    13. Ray Barrell & Martin Weale, 2010. "Fiscal policy, fairness between generations, and national saving," Oxford Review of Economic Policy, Oxford University Press, vol. 26(1), pages 87-116, Spring.
    14. Chatzouz, Moustafa, 2014. "Government Debt and Wealth Inequality: Theory and Insights from Altruism," MPRA Paper 77007, University Library of Munich, Germany.
    15. repec:dgr:rugsom:99c63 is not listed on IDEAS

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