The Economics of Public Deficits

Franco Modigliani

Chapter 1 in Economic Policy in Theory and Practice, 1987, pp 3-50 from Palgrave Macmillan

Abstract: Abstract There are three basic issues connected with the economic consequences of the flow of deficits and the resulting stock of public debt.

Keywords: Monetary Policy; Disposable Income; Public Debt; Government Debt; Permanent Income (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-18584-9_1

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DOI: 10.1007/978-1-349-18584-9_1

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