Permanent Primary Deficits, Idiosyncratic Long-Run Risk, and Growth
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DOI: 10.21034/wp.794
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More about this item
Keywords
Long-run idiosyncratic risk; Public debt; Endogenous growth; Incomplete markets;All these keywords.
JEL classification:
- H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
- O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2023-05-08 (Dynamic General Equilibrium)
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