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The Economics of Public Deficits

In: Economic Policy in Theory and Practice

Author

Listed:
  • Franco Modigliani

Abstract

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

Suggested Citation

  • Franco Modigliani, 1987. "The Economics of Public Deficits," Palgrave Macmillan Books, in: Assaf Razin & Efraim Sadka (ed.), Economic Policy in Theory and Practice, chapter 1, pages 3-50, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-18584-9_1
    DOI: 10.1007/978-1-349-18584-9_1
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    Cited by:

    1. Khalid, Ahmed M., 1996. "Ricardian equivalence: Empirical evidence from developing economies," Journal of Development Economics, Elsevier, vol. 51(2), pages 413-432, December.
    2. Becerra, Ligia Melo, 2004. "Intergovernmental fiscal relations : the Colombian case," Economics PhD Theses 0304, Department of Economics, University of Sussex Business School.
    3. Francesco Forte & Cosimo Magazzino, 2013. "Twin Deficits in the European Countries," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 19(3), pages 289-310, August.
    4. B. Dalamagas, 1993. "Fiscal Illusion and the Level of Indebtedness: An International Comparison," South African Journal of Economics, Economic Society of South Africa, vol. 61(1), pages 29-37, March.
    5. Ligia Alba Melo-Becerra, 2015. "The role of the sub-national public sector in the stabilization function: Evidence from the Colombian case for the period 1990-2001," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 7(2), pages 299-324, July.

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