Public debt

Dette publique

François Facchini ()
Additional contact information
François Facchini: UP1 UFR02 - Université Paris 1 Panthéon-Sorbonne - École d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne, CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique

Post-Print from HAL

Abstract: The political economy of public debt puts forward 24 explanations. Debt and public deficits are not only influenced by fluctuating economic growth, financial crises, wars or demographic changes. They are the result of political calculus aimed at externalizing the cost of certain choices to others (taxpayers & future generation)

Keywords: Inflation tax; public debt; Ageing; Public choice; Tax; Monetary policy; calculus of consent; Public expenditure (search for similar items in EconPapers)
Date: 2025-09-15
References: Add references at CitEc
Citations:

Published in Richard Jong-A-Pin and Christian Bjørnskov. Elgar Encyclopedia of Public Choice, Chapter 93, Edward Elgar Publishing; Edward Elgar, pp.665-672, 2025, 978 1 80220 774 3. ⟨10.4337/9781802207750.00098⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05337031

DOI: 10.4337/9781802207750.00098

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().